Jdmarshall
Member
I’ve had some time to refine my queries and they primarily revolve around property assignment and management.
-Does this Schedule “A” need to be updated when subsequent Items are added to the trust or can it remain with just the original $10 funding? This document needs to be signed by all trustees and is part of the .PDF trust so updating will be a burden each time.
-Do I need to complete and maintain a copy of an Assignment of Property document each time I add an item to the Inventory Form?
-What is the difference between the Assignment of Property form, Inventory Form and Schedule A? I’m not real clear how to use and maintain the Assignment of Property section.
-Does this Schedule “A” need to be updated when subsequent Items are added to the trust or can it remain with just the original $10 funding? This document needs to be signed by all trustees and is part of the .PDF trust so updating will be a burden each time.
-Do I need to complete and maintain a copy of an Assignment of Property document each time I add an item to the Inventory Form?
-What is the difference between the Assignment of Property form, Inventory Form and Schedule A? I’m not real clear how to use and maintain the Assignment of Property section.