Certificate Of Trust Michigan Form With Trust
Description
How to fill out Michigan Certificate Of Trust?
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FAQ
If you don't want to show your trust document, in most cases you can use a shorter version of it, called a "certification of trust" or "certificate of trust" and sometimes referred to as an "abstract of trust." This document gives institutions the information they need but lets you keep some key provisions private.
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.
Abstract of trust is a brief version of the trust document that allows certain details of the trust (such as the names of the beneficiaries) that you want to keep confidential to be omitted.
(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.