Scribd
Upload
2K views3 pages

Certification of Trust (Co-Trustees) Sample

This document certifies the existence and details of a revocable trust called the [Trust Name] Revocable Trust, created by [Grantor 1] and [Grantor 2]. It summarizes the trust's grantors, trustees, assets, and the trustees' management powers and duties. The trustees declare that the trust exists, lists its grantors and their addresses, and specifies that the grantors can amend or revoke the trust at any time without notice to beneficiaries. It also names the current trustees and provides title wording for trust assets, then outlines the trustees' authority to manage assets, make investments, employ professionals, and take other administrative actions to administer the trust.

Uploaded by

Lily Du
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
2K views3 pages

Certification of Trust (Co-Trustees) Sample

This document certifies the existence and details of a revocable trust called the [Trust Name] Revocable Trust, created by [Grantor 1] and [Grantor 2]. It summarizes the trust's grantors, trustees, assets, and the trustees' management powers and duties. The trustees declare that the trust exists, lists its grantors and their addresses, and specifies that the grantors can amend or revoke the trust at any time without notice to beneficiaries. It also names the current trustees and provides title wording for trust assets, then outlines the trustees' authority to manage assets, make investments, employ professionals, and take other administrative actions to administer the trust.

Uploaded by

Lily Du
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

Certification of Trust

(OH Rev Code § 5810.13)

The trustees of the _____________________________ Revocable Trust declare as


follows:

Part 1. Existence and Name of Trust/Grantors


________________ and _________________, called the grantors and trustees, created a
revocable trust, known as the _____________________________ Revocable Trust, by
Declaration of Trust dated _____________, 20___. This trust has not been revoked,
modified or amended in such a way that would contradict what is stated in this
Certification of Trust and remains in full force and effect.

Grantors’ addresses are:


__________________________________ ____________________________
__________________________________ ____________________________

Part 2. Amendment and Revocation


The grantors may amend or revoke the _____________________________ Revocable
Trust at any time, without notifying any beneficiary. The power to revoke or amend the
trust is personal to the grantors. A conservator, guardian or other person shall not
exercise it on behalf of the grantors, unless the grantors specifically grant a power to
revoke or amend the trust in a Durable Power of Attorney.

Part 3. Trustees
__________________________ and _____________________ are the currently acting
trustees of the trust.

The trustees in office shall serve as trustees of all trusts created under the Declaration
of Trust, including children’s subtrusts.

Part 4. Title to Trust Assets


Title to trust assets should be taken in the name of _________________________ and
______________________________, trustees of the ___________________________
Revocable Trust, dated _________________, 20___.

Certification of Trust — page 1 of 3


Part 5. Trustee’s Management Powers and Duties
Powers Under State Law
The trustees shall have all authority and powers allowed or conferred on a
trustee under _______________________ (state) law, subject to the trustees'
fiduciary duty to the grantors and the beneficiaries.

Specified Powers
The trustees' powers include, but are not limited to:

1. The power to sell trust property, and to borrow money and to encumber trust
property, including trust real estate, by mortgage, deed of trust or other method.

2. The power to manage trust real estate as if the trustee were the absolute owner
of it, including the power to sell, lease (even if the lease term may extend beyond
the period of any trust) or grant options to lease the property, to make repairs or
alterations and to insure against loss.

3. The power to sell or grant options for the sale or exchange of any trust
property, including stocks, bonds, debentures and any other form of security or
security account, at public or private sale for cash or on credit.

4. The power to invest trust property in every kind of property and every kind of
investment, including but not limited to bonds, debentures, notes, mortgages,
stock options, futures and stocks, and including buying on margin.

5. The power to receive additional property from any source and add to any
trust created by this Declaration of Trust.

6. The power to employ and pay reasonable fees to accountants, lawyers,


investment experts or other professionals for information or advice relating to
the trust.

7. The power to deposit and hold trust funds in both interest-bearing and
non-interest-bearing accounts.

Certification of Trust — page 2 of 3


8. The power to deposit funds in bank or other accounts, whether or not they
are insured by the FDIC.

9. The power to enter into electronic fund transfers or safe deposit


arrangements with financial institutions.
10. The power to continue any business of either grantor.

11. The power to institute or defend legal actions concerning this trust or
the grantors’ affairs.

12. The power to execute any documents necessary to administer any trust
created by this Declaration of Trust.

13. The power to diversify investments, including authority to decide that some
or all of the trust property need not produce income.

This Certification of Trust is being signed by all currently acting trustees.

_____________________________________ Dated: ______________


, Grantor and Trustee

_____________________________________ Dated: ______________


, Grantor and Trustee

ACKNOWLEDGEMENT OF NOTARY PUBLIC

STATE OF ______________

COUNTY OF ____________________

On this ________ day of ________________, ________, before me, ____________________,


personally appeared _____________________ and _____________________, personally known
to me (or proved to me on the basis of satisfactory evidence) to be the persons whose names are
subscribed to the within instrument and acknowledged to me that the he/she/they have executed
the same in their authorized capacities, and that by their signatures on the instrument the persons
or the entity upon behalf of which the persons acted, executed the instrument.

Notary Signature: ________________________________


The State of ______________ My commission expires: _____________ seal

Certification of Trust — page 3 of 3

You might also like