TRUST ME
THE PERSON, LLC, OR OTHER TRUST THAT CONTROLS AND ADMINISTERS A TRUST.
THIS COURT PROCESS INVOLVES THE LEGAL DISSOLUTION OF A MARRIAGE.
WHAT IS DIVORCE?
A PERSON, TRUST, LLC, CORPORATION, OR PARTNERSHIP THAT HOLDS AN OWNERSHIP INTEREST IN AN LLC.
WHAT IS A MEMBER?
THE CHARACTERISTIC USED TO DESCRIBE A PERSON WHO DIES WITHOUT A WILL.
WHAT IS INTESTATE?
CD
WHAT IS A CLOSING DISCLOSURE?
A CHARACTERISTIC, OR LACK THEREOF, OF A TRUST THAT ALLOWS THE TRUST ARRANGEMENT TO BE DESTROYED.
WHAT IS REVOCABILITY?
THIS EARTHLY PAYMENT OWED TO A FORMER SPOUSE RESOLVES ALL MONEY AND EQUITY DISPUTES IN A DIVORCE.
WHAT IS A GLOBAL EQUALIZATION PAYMENT?
THIS LLC TYPE FEATURES ONLY ONE MEMBER.
WHAT IS A SOLE MEMBER LLC?
THE NAME OF A PARTY THAT INHERITS PROPERTY FROM THE ESTATE OF AN INTESTATE DECEDENT.
WHAT IS AN HEIR?
CPL
WHAT IS A CLOSING PROTECTION LETTER?
AN AFFIDAVIT SIGNED BY A TRUSTEE CONFIRMING THEIR AUTHORITY TO ACT ON BEHALF OF THE TRUST AND OTHER TRUST DETAILS.
WHAT IS A TRUST CERTIFICATION?
THIS STATE REQUIRES YOUR NON-TITLED SPOUSE TO SIGN ON ANY NEW MORTGAGE ONLY WHEN YOU ARE GOING THROUGH A DIVORCE.
WHAT IS PENNSYLVANIA?
THIS DOCUMENT IS GIVEN TO AN LLC THAT IS IN COMPLIANCE WITH STATE REQUIREMENTS AND REGULATIONS... JUST MAKE SURE YOU PAY $25 FOR THE OFFICIAL ONE!
WHAT IS A CERTIFICATE OF GOOD STANDING?
NO STAMPS NEEDED! THESE DOCUMENTS ARE ISSUED BY A PROBATE COURT AUTHORIZING A PARTY TO ACT ON BEHALF OF A DECEDENT'S ESTATE.
WHAT ARE LETTERS TESTAMENTARY?
WATA
THERE'S NO GETTING AROUND THIS 3RD PARTY THAT ACTS AS A SECOND LEVEL OF AUTHORITY TO BE INCLUDED IN TRUST ADMINISTRATION.
WHAT IS A TRUST PROTECTOR?
SEPERATED COUPLES IN NORTH CAROLINA SHOULD MAKE SURE THEY SIGN AND RECORD ONE OF THESE BEFORE THEY TRY TO GET A NEW HOME LOAN.
WHAT IS A FREE TRADER AGREEMENT?
A DOCUMENT IS SIGNED BY THE MEMBERS OF AN LLC TO AUTHORIZE SIGNER FOR A TRANSACTION.
WHAT IS A CORPORATE RESOLUTION?
USED IN WASHINGTON STATE, THIS DOCUMENT CAN BE COMPLETED AND RECORDED TO CLEAR A DECEDENT'S INTEREST WHEN NO FORMAL COURT PROCEEDINGS FOLLOWED THEIR DEATH.
WHAT IS A LACK OF PROBATE AFFIDAVIT?
COT
WHAT IS CHAIN OF TITLE?
COMMON IN MASSACHUSETTS, THIS TRUST TYPE REQUIRES A LETTER OF DIRECTION FROM THE BENEFICIARIES OF THE TRUST IN ORDER FOR THE TRUSTEE TO ACT.
THIS COURT APPROVED DOCUMENT IS USED TO RECORD AND TRANSFER REAL ESTATE INTERESTS AWARDED IN A DIVORCE DECREE IN MINNESOTA.
WHAT IS A SUMMARY REAL ESTATE DISPOSITION JUDGMENT?
THIS STATE ISSUES BUSINESS OWNERS CERTIFICATES OF FORMATION INSTEAD OF ARTICLES OF ORGANIZATION.
WHAT IS ALABAMA?
NAME THE FOUR NORTHEAST STATES THAT REQUIRE PROOF OF PAYMENT OF INHERITANCE OR ESTATE TAXES TO CLEAR A PROBATE REVIEW.
WHAT ARE RHODE ISLAND, MASSACHUSETTS, NEW JERSEY, AND PENNSYLVANIA?
MLC
WHAT IS A MUNICIPAL LIEN CERTIFICATE?