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 ...

Trust Certificate Contents. There is no standard universal certificate of trust document or format. Most states have their own statutes describing the requirements for a valid trust certificate.

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 ...