#trustor

When it comes to trusts, Trustor and Trustee are two essential terms that you need to know: the trustor and the trustee. Both are essential to the trust relationship but play very different roles.

A trust is a kind of estate planning instrument that is basically a connection established at the command of a person known as the Trustor or settlor. The trust instructs one or more persons, referred to as the trustee(s), to keep the Trustor’s property and to utilize and safeguard it for the benefit of others, referred to as the beneficiaries.

It takes two to do the trust tango; the one who risks (the trustor) and the one who is trustworthy (the trustee). Each must play their role. #two #trust #tango #risk #trustor #trustworthy #trustee #play #role #inspirational #motivational https://www.instagram.com/p/CRIvclmjhha/?utm_medium=tumblr

Title Insurance and Trust! Trust is an agreement between a trustor and trustee to manage assets for the beneficiary & to hold title to and administer designated assets of the trustor for the use and benefit of one or more beneficiaries. Trustees with fiduciary duty manage trusts according to the beneficiary's best interests. Living trusts can be either irrevocable or revocable. The title company requires a Certification of Trust and the following: 🔹Date of execution of the trust instrument 🔹Identity of the trustor and trustee 🔹Powers of the trustee 🔹Identity of person with power to revoke trust, if any 🔹Signature authority of the trustees 🔹The Trust Taxpayer ID number 🔹Manner in which title to the trust assets should be taken Legal description of any interest in 🔹the property held by the trust and a statement that the trust has not been revoked Looking to buy or sell please contact ME: Raana Jamshide Broker Associate, REALTOR® CRS, ILHM, CIPS Cell: 858.229.2200 [email protected] DRE#01255312 Pacific Sotheby's International Realty www.homesbyraana.com #TitleInsurance #TrustSale #Trustor #Beneficiary #LivingTrust #RealEstateAgent #SanDiegoRealtor #Trustee #Seller #Buyer (at San Diego, California) https://www.instagram.com/p/CP1RAgNjW5v/?utm_medium=tumblr

#TruStor#Factz💯 #Something2ThinkAbout https://www.instagram.com/p/Brkbi1oH6wPFNYEA_KZ-OXzsHAj-TrV3sGpbLI0/?utm_source=ig_tumblr_share&igshid=1jlc36xnoqgzs

don't know who's cuter Zlatan or the doggies