What Is a Trust Certificate?
Trust certificate is a British and American equitable concept. The property grantor clarifies the trust intention in writing, the trust property and the rights and obligations of the parties to the trust, and aims to establish the official documents of the trust.
Trust certificate
Right!
- Trust certificate is a British and American equitable concept. The property grantor clarifies the trust intention in writing, the trust property and the rights and obligations of the parties to the trust, and aims to establish the official documents of the trust.
- 1. A trust certificate is the basic form of establishing an explicit trust.
- 2. The contents of the trust certificate should clearly define the basic elements of the trust.
- 3. The form of the trust certificate can be a deed (a stamped document) or a formal statement. It is also believed that the will to establish a trust is also a trust certificate.