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TOPIC: Designating a Benificary and property in simple holding trust?

Designating a Benificary and property in simple holding trust? 9 years 6 months ago #283


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  • steven otis's Avatar
  • steven otis
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Need a bit of hand holding to finalize a simple property holding trust using the template of GTEN. The sole purpose of this trust is merely to remove grantor-setlor name form title, so no need to involve other trust layers complexity.

1. What data [and any examples] is used to describe a piece of real estate curently under name of the setlor? Can this initial property grant just be hand written in?
1a. What is done with the existing deeds paperwork on property owned free and clear?

2. What data is used to ID a benificary who is a minor-infant right now? [example?]
2a. Is a certificate or letter issued and dilevered to the parents of this benificary or just kept in trust contract?

3. What info is given to THE STATE OF XX to record and register transfer of grantor's real estate onwership to trust? [not trying to avoid property tax or fight criminal syndicate over alloidal title, just avoid inheritance or sales tax]
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