In West Virginia, the certificate of trust is called a memorandum of trust, and in addition to the basic information required by most other states, it must contain an account of the powers the ...

Since a COT is used instead of the entire trust agreement, the powers of the trustees are an important part of a COT. This is because the bank teller, for example, will need to know what the ...

You could, for example, make a limited POA that gives authority to your agent only for a specific purpose or specific time period. Or you could make a springing power of attorney that goes into ...

For example, funds from the trust would not be distributed to a decedent's children until they turn 18 years of age. ... The letter of testamentary, along with the person's death certificate, ...

A declaration of trust is the document that establishes a legal trust. It also defines the major elements of the entity, such as the beneficiaries and trustees. Once a trust has been established ...

For example, a trust might relatively easily name a new trustee while it is rare (if at all) that a trust can change its own beneficiaries. The Bottom Line A declaration of trust is a legal ...