Sentences with phrase «as successor trustee»

Here's my question... Can I just name myself as successor trustee to convey title WITH - OUT A PETITION?

During your lifetime you can name yourself trustee with First Bank & Trust being named as successor trustee to take control and administer your trust after your death.

You name yourself as trustee and someone else as a successor trustee.

CWT has entered into a definitive agreement (the «Agreement») to appoint Computershare Trust Company of Canada (Computershare) as successor trustee or custodian for clients who currently hold exempt market securities within a CWT self - directed account.

Not exact matches

As a professional trustee, Edward Jones Trust Company can be named as current, successor or co-trusteAs a professional trustee, Edward Jones Trust Company can be named as current, successor or co-trusteas current, successor or co-trustee.

The Trustee may at any time resign as Trustee by written notice of its election so to do, delivered to the Sponsor, and such resignation shall take effect upon the appointment of a successor trustee and its acceptance of such appoiTrustee may at any time resign as Trustee by written notice of its election so to do, delivered to the Sponsor, and such resignation shall take effect upon the appointment of a successor trustee and its acceptance of such appoiTrustee by written notice of its election so to do, delivered to the Sponsor, and such resignation shall take effect upon the appointment of a successor trustee and its acceptance of such appoitrustee and its acceptance of such appointment.

If you didn't have a Successor Trustee, you would likely need to get a Power of Attorney to manage the assets for your benefit, or a Conservator or Guardian; but because you have a Trust in place, all of the assets are owned by the Trust and the Successor Trustee can step in and administer them for your benefit, as if you were able to administer them yourself.

With his resignation, SUNY Chancellor Nancy Zimpher and the SUNY Board of Trustees can now look to put an interim president in place as they search for his successor.

The trustee of the testamentary trust could be the person the original subscriber would have appointed as successor subscriber.

Members Trust Company can then act as your trustee or successor - trustee.

In addition to Claims brought by either you or the Bank, Claims made by or against the Bank or by or against anyone connected with you or the Bank or claiming through you or the Bank (including a second cardholder, employee, agent, representative, affiliated company, predecessor or successor, heir, assignee, or trustee in bankruptcy) shall be subject to arbitration as described herein.

As I also practice estates and trusts law, I assist individuals who may find themselves in the untenable position of being both a successor trustee and / or beneficiary of a loved one's trust and also a debtor in a bankruptcy case.

If you designated your family living trust as such, the death benefit of your cash value life insurance policy will flow into the trust and your successor trustee will have the obligation to manage it and utilize the tools provided in your living trust for the maximum benefit of your estate and your beneficiaries.

You can name yourself as the initial trustee of your living trust (most people do), and then name a successor trustee to manage the trust if you become unable to do so.