This form is a sample of a trustee naming a successor trustee.
pursuant to the terms of the trust.
Affidavit Successor Trustee Form Withholding
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How to fill out Arizona Affidavit Evidencing Successor Trustee?
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FAQ
HOW DO I RECORD AN AFFIDAVIT? Take a certified copy of the death certificate of the deceased joint tenant and your affidavit to the recorder's office in the county where the real property is located. The recorder's office also requires a Preliminary Change of Ownership Report (PCOR) when filing the affidavit.
If title to an interest in real property is affected by a change of trustee, the successor trustee may execute and record in the county in which the property is located an affidavit of change of trustee.
The Trustee should include the following information in the notification package:The name of the Grantor and the date that the trust instrument execution date.Contact information for each Trustee, including name, address, county of residence, and phone number.Certified copy of the death certificate of the Grantor.More items...
It's perfectly legal to name a beneficiary of the trust (someone who will receive trust property after your death) as successor trustee. In fact, it's common. EXAMPLE: Mildred names her only child, Allison, as both sole beneficiary of her living trust and successor trustee of the living trust.
The successor trustee will take over assets in the trust in the event of your death, and he or she is responsible to ensure that your property is distributed to your beneficiaries according to the terms of the trust.