Assignment Of Beneficial Interest In A Trust Template

ADVERTISEMENT

ASSIGNMENT OF BENEFICIAL INTEREST IN TRUST
THIS
ASSIGNMENT
is
made
this
______
day
of
March,
2000,
by
_____________________________, whose address is __________________________________
(hereinafter referred to as "Assignor"), to ___________________________________________,
whose address is ____________________________________________, (hereinafter referred to as
"Assignee").
WITNESSETH:
WHEREAS, the Assignor is a beneficiary of the _____________________ LAND TRUST
created by ____________________(Beneficiaries), by instrument dated March _____ 2000, naming
____________ as Trustee; and
WHEREAS, the Assignor desires to assign to the Assignee all of Assignor's beneficial interest in
the trust; and
WHEREAS, the trust instrument does not prohibit such assignment;
NOW, THEREFORE, for valuable consideration, the receipt of which is hereby
acknowledged, the Assignor hereby assigns to the Assignee all Assignor's interest as a beneficiary of the
Trust, including all monies due or to become due to the Assignor there under; and
The Assignor authorizes the Trustee of the Trust to pay directly to the Assignee all monies or
other benefits representing, or arising from, the interest assigned hereby.
IN WITNESS WHEREOF, the Assignor has executed this assignment the day and year first
above written.
Signed, sealed and delivered in the presence of:
__________________________________
__________________________________
WITNESS
(Beneficiary)
___________________________________
(Beneficiary)
Accepted by: ________________________________

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Business
Go
Page of 4