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Re: adding trust to existing credit union accounts
- To: noelle
- Subject: Re: adding trust to existing credit union accounts
- From: robert <http://dummy.us.eu.org/robert>
- Date: Mon, 04 Jun 2018 16:26:31 -0700
- Keywords: my-Oakland-voicemail-number
Thanks.
I'll download this to your phone.
> From: Noelle <noelle>
> Date: Mon, 4 Jun 2018 16:20:03 -0700 (PDT)
>
> On Mon, 4 Jun 2018, http://www.ainerfraker.com/~john wrote:
> > I would point out to them the entirety of Article One - Establishing Our
> > Trust - which contains many references to the fact that you can have
> > separate property assets in the Trust, where the other spouse isn't required
> > to sign for them.
> >
> > Here are just a few provisions:
> >
> > Section 1.03(D) - Separate Property
> > Separate property transferred to our trust will retain its character as
> > separate property. Our separate property may be identified as the separate
> > property of either of us on the attached schedules. The separate property
> > of either of us, including proceeds from the property¢s sale or exchange,
> > will remain separate property. Each of us has the unrestricted right to
> > remove all or any part of our separate property at any time.
> >
> > Section 1.04(A) - Powers Reserved by Us as Grantors
> > Whenever both of us are serving as Trustee, either or both of us may act for
> > and conduct business on behalf of our trust without the consent of any other
> > Trustee.
> >
> > 1.04(C) Addition or Removal of Trust Property
> > Either of us may add property to our trust. Both of us, acting jointly may
> > remove any property from our trust. Each of us, acting alone, may remove
> > our own separate property from our trust.