Trustee Acceptance Letter Sample

Effective january 1 2017 there is a new statute 760 ilcs 5 6 5 which requires a written acceptance of a conveyance of real estate by the grantee trustee the statute reads as follows.
Trustee acceptance letter sample. The article within the trust that names you as the successor trustee. The name of the trust. The name and date of death of the creator of the trust. 1 tips for writing your acceptance letter.
On the death of a grantor who was acting as trustee the successor trustee files an affidavit and a death certificate with the courts as well as the oath and acceptance if required to transfer and assume trustee responsibilities. Notify the beneficiaries of the trust in writing of the change in trustees. Kindly say the trustee acceptance letter sample is universally compatible with any devices to read dobson books 9008e5aa5c4959d8522a62bc89f5a8fd. If no successor trustee was named in the trust documents the court may appoint one.
Before you send the letter make sure that it free from spelling and typo errors. The date on which the acceptance was made and the form signed. Trustee acceptance letter sample is available in our book collection an online access to it is set as public so you can get it instantly. 2 acceptance letter template template.
You may also need to notify certain other interested parties as well. Our books collection saves in multiple countries allowing you to get the most less latency time to download any of our books like this one. Prepare a trustee acceptance form and sign the form if requested have it notarized. Find this pin and more on appointment letters by business letters and forms.
The date that it was created. 6 5 transfer of property to trust a the transfer of real property to a trust requires a transfer of legal title to the trustee evidenced by a written instrument of conveyance and acceptance by the trustee.