Declaration of Nominee Trust?

1 Answer

Answer :

Declaration of Nominee Trust(Download)_______________, referred to as SETTLOR, hereby declares that any and all property and interest in property that may be transferred to him as Trustee hereunder (“the Trust Estate”) shall be held in trust, for the sole benefit of, ________________, the beneficiaries of this Trust. The term “Trustee” wherever used herein shall mean the Trustee or Trustees named herein and such person or persons who hereafter are serving as Trustee or Trustees hereunder, and the rights, powers, authority and privileges granted hereunder to the Trustee shall be exercised by such person or persons subject to the provisions hereof.A. BENEFICIARIES. The term “Beneficiaries” wherever used herein shall mean the beneficiary or beneficiaries listed in the Schedule of Beneficial I

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