A Certification of Trust is a legal document that can be used to certify both the existence of a Trust as well as prove the Trustee’s legal authority to act. This document is basically the outline of your Trust that highlights all the important information. Essentially six elements are highlighted: 1) name of trust and date created 2) name of trustee 3) name of trust settlor 4) revocable or irrevocable 5) trust tax identification number and 6) power’s of the trustee. Either an attorney or an online estate planning service can create this for you. Certificates of Trust are usually required when obtaining a mortgage on a property you want in the name of a Living Trust. Otherwise, this document is optional and does not affect the validity of your original Trust. These documents follow the law of the state that the Grantor resides in. I’m Stewart Brown, a licensed Mortgage Loan Originator in Palm Springs, California here to simply topics in Real Estate and Mortgage Lending. Please, like, share, follow and subscribe!
