Indicator Information Institute Applications and Instructions
STANDARD CONTRACT TRUST APPLICATION.
INSTRUCTIONS FOR COMPLETING APPLICATION This is a Standard Contract Trust (UPDATED)
If you are ordering more than one Standard Trust to use for other purposes other than your Motherlode Trust, you will find fields for the Name, etc. in the Application. Only fill those out IF you are ordering more than one Trust at this time.
Name the Trust. Anything that sounds good to you is OK. Try for a strong sounding name. DO NOT use your surname or sequential numbering, e.g. My Trust #1, My Trust #2, etc. That would indicate there is more than one.
Name the Creator; a third party is necessary for the Creation of the Trust and Appointment of the First Trustee. This person has no further obligation, liability or authority in the Trust. NOTE: All parties that will be signing the Trust NEED to be available when the documents are Notarized. Best practice is to have all parties live in the same area.
You are the Exchanger(s).
You must list what you are exchanging into the Trust.
The Creator appoints you as First Trustee.
You may appoint a second Trustee, if desired.
You must name at least ONE Successor Trustee, but it CANNOT be YOU.
Indicator Information Institute Carol Werelius, Executive Trustee Jim Knox, Executive Trustee Call: 877-333-5018 10 am to 5 pm EST – email: firstname.lastname@example.org
The cost of a Standard Contract Trust is $1,995.00. Additional Standard Trusts are $1,695.00 each.