What Does "RES" Mean In Trust Res

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• How Does One Transfer Assets (Home, Car, Etc.) Into Trust

  If the Grantor is the equitable/legal title holder of the asset, it may be granted into the Trust (without a necessity for probate). No matter the asset, it can be granted into the Trust's ownership. Passing assets to heirs can be done by a ...

• Can One Transfer A Clouded Title / Property Into Trust

  Yes, the transfer can still occur via a Quitclaim Deed (sells home as-is). An unpaid mortgage clouds title, but can still be transferred into a trust; however, the loan must be repaid in full to sell the property to any entity who requires financing ...

• How Is Trust Res Distributed at Termination to Beneficiaries and Capital Certificate Holders

  Those details are covered inside the Indenture, specifically: 8.04 Ownership of Capital Certificates shall not entitle the Exchanger to any legal or equitable title in the Trust, nor to any undivided interest therein, nor management thereof, except ...

• How Would The Purchase of Property, Home or Car Work With Trust

  The trust can outright purchase the asset with cash/credit or it can seek financing - this requires building corporate credit. In most scenarios, someone will personally apply for a loan and then transfer the asset into the trust via a Quitclaim Deed ...

• Spouse Jointly Own Property - How Does It Go Into The Trust

  All parties must agree to place property (or any shared asset) into a trust; however, when owned in shares, an individual may transfer their portion into the trust without consent of the other parties, unless contractually barred from doing so. Upon ...