What Should The Trust Seal Look Like & Have On It
The trust seal should be simple. There are no mandatory words that need be written on the stamp, although we suggest something like "Private Express Trust Seal". Typically a circular stamp is used, but it can be any shape desired.
NOTE: Trustee signature typically goes OVER the trust seal stamp (e.g. John Doe, Trustee Without Recourse).
Can The Same Trust Seal Be Used Over and Over Again
Yes, each trust can use the same seal; however, when managing large assets a unique seal is highly suggested.
What Does The "In God We Trust" Mean on Currency
Corporations cannot reorganize, using the word "trust" without complying fully with law--mandamus to compel secretary of state to file articles, State ex rel, Osborne, Tremper & Co. v Nichols 38 W. 309. Simply put, one cannot use the word "trust" ...
Social Security Early Eligibility Qualification When Transferring All Assets Into Trust (SSI Resource Lookback Period)
Giving away or selling assets cheaply to qualify for disability early can make one ineligible for SSI. Doing this will have the agency penalize anyone by making them ineligible for SSI for up to 36 months (look back period). To qualify for SSI early, ...
Should The Property Be Put In A Trust First or Obtain A Land Patent First
Patenting property in one's own name and then exchanging the property into the trust requires an update of the Land Patent into the trust's name. It does not take much extra time, but it is an extra step. And in some countries like Australia where a ...
How Should The Trust Be Named
There are no rules to naming a trust, except the word "Trust" must be the last word in the name (e.g. ACME Trust). Any standard trust for every other use (public or private) can be named anything one desires (e.g. JCD Trust, Car 001 Trust, etc.). Do ...