Indicator Information Institute Applications and Instructions
Abstract of Trust Application
INSTRUCTIONS FOR COMPLETING APPLICATION
This is an Abstract of Trust Application
Complete Your Name, Your Address etc. as usual.
If you are ordering more than one Abstract of 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 Abstract of 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. (Items not Value)
The Creator appoints you as First Trustee.
You appoint a second Trustee, if applicable.
You must name at least ONE Successor Trustee, but it CANNOT be YOU.
The cost of an Abstract of Trust is $200 per Abstract. (You only need ONE per Trust). At the time that you wish to PURCHASE the Trust, the cost of Trust will depend on what type of Trust you want. As an example;
The Standard Contract Trust is $1,995.00. Additional Standard Trusts are $1,695.00 each.
The Real Estate Trust is $1,995.00. Additional Standard Trusts are $1,695.00 each.
The Automobile or Equipment Trust is $1,995.00. Additional Standard Trusts are $1,695.00 each.
All other Trusts are $1,695.00
Indicator Information Institute
Carol Werelius, Executive Trustee
Jim Knox, Executive Trustee
Call: 877-333-5018 10 am to 5 pm EST – eMail: email@example.com