Certificate Of Trust Existence And Authority Michigan Without Authority
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How to fill out Michigan Certificate Of Trust Existence And Authority?
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FAQ
(2) A certificate of trust may be signed or otherwise authenticated by the settlor, any trustee, or an attorney for the settlor or trustee. The certificate must be in the form of an affidavit.
A Certificate of Trust may need to be recorded in the county that any real property is in. That said, if there's no real property owned by the Trust, there may not be any need to record it.
To create a living trust in Michigan, you prepare the trust document and then sign it in the presence of a notary. The final step is to transfer assets into the trust, funding it. Living trusts are a popular estate planning tool.
Pursuant to the current law, a certificate of trust must include: The name of the trust, the date of the trust, and the date of each operative trust instrument. The name and address of each current trustee. The powers of the trustee relating to the purposes for which the certificate of trust is offered.