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TRUST RESETTLEMENT AND CLARKE CASE CPD hours: 1.5 hrs Much ado about nothing? Date: Wednesday 11 May 2011 Time: 7.30am 9.00am (Registration and breakfast from 7.15am) Venue: Guiyang Lawn Tennis Club,
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New draft trust resettlements refer to the process of creating a new trust to transfer assets from an existing trust.
Individuals or entities who want to transfer assets from an existing trust to a new trust are required to file new draft trust resettlements.
To fill out new draft trust resettlements, individuals or entities must provide detailed information about the existing trust, the assets to be transferred, and the terms of the new trust.
The purpose of new draft trust resettlements is to update or modify the terms of an existing trust, transfer assets to a new trust, or comply with legal requirements.
Information such as the names of the trustees, beneficiaries, and grantors, details of the assets to be transferred, and the terms of the new trust must be reported on new draft trust resettlements.
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