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Affidavit of Trust Law and Legal Definition
An affidavit of trust is a document used to prove the existence and certain terms of a trust, without disclosing the particulars of the trust plan. Along with specific pages from the trust, it contains all the information that will be needed for conducting transactions with others. It is used to avoid having to furnish a copy of the trust document to others, while providing them with the necessary information to confirm the validity of the trust and powers granted. An affidavit of trust typically contains the following:
- Creation of the trust and initial Trustees
- Statement of revocability of the trust
- Successor Trustees
- Powers of the Trustees
- Signature Pages
Legal Definition list
- Affidavit of Title
- Affidavit of Support
- Affidavit of Small Estate
- Affidavit of Service
- Affidavit of Probable Cause
- Affidavit of Trust
- Affidavit on Demurrer
- Affidavits
- Affiliate ( Bankruptcy)
- Affiliate [Banks & Banking]
- Affiliate and Associated Company