why would one need more than one original signed by the trustee of a living trust?
Hello and thank you for your question.
You don't need more than one original - - it's purely a matter of
convenience. This way you can hold an original in your personal
files, and your attorney can hold an original in the vault. The
trustee may want one too.
Multiple signed original instruments are known as "counterparts."
http://legal-dictionary.thefreedictionary.com/Counterpart
Also, although one of the benefits of a living trust is that it need
not be accounted for as part of the probate process, you still may
find yourself providing the trust to the court, to banks, to insurance
companies and the like. Many of these would be content with a
photocopy, if they were satisfied as to its authenticity.
If you only have one original, take extra good care of it. At a later
date, you can always create certified copies. That means that the
person in possession of the original makes a photocopy, stands before
a Notary, and signs an affidavit that the copy is a true copy of the
original.
So again, you can always get by with one original, but why not sign a few?
Search terms used:
counterpart law
Thanks again for bringing us your question. Although we cannot
provide legal advice to you, I am satisfied that my answer is correct.
Sincerely,
Google Answers Researcher
Richard-ga Envision Smart Business Solutions::
Business-in-a-Box by BizTree - Business and Legal Forms Software - Write Business & Legal Documents in a snap! The Ultimate Collection of Business Document
http://www.envision-sbs.com/HOME |
Legal Document Storage - Bellflower::
document shredding and all types of Legal Document Storage - Bellflower Our legal documents offsite storage services have been designed after carefully
http://www.legal-document-storage.com/HOME |
 Where's The Advantage In Windows Genuine Advantage?
 Stocks Bounce After S&P Joins Bear Market |
legal documents 
PRINT
Add to favorites