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AMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST of Dividend and Income Fund (a Delaware Statutory Trust) As of June 5, 2015TABLE OF CONTENTS Page ARTICLE I. NAME AND DEFINITIONS.................................................................................................

How to fill out statutory trust form

How to fill out a Delaware statutory trust:

1. Research and understand the purpose and benefits of a Delaware statutory trust. Familiarize yourself with the specific requirements and regulations governing this type of trust.
2. Choose a trustee for the trust. This can be an individual or a corporate entity. Ensure that the chosen trustee is qualified and reliable.
3. Draft a trust agreement that outlines the terms and conditions of the Delaware statutory trust. Include important details such as the name of the trust, the purpose of the trust, the powers and responsibilities of the trustee, and the distribution of assets.
4. Seek legal advice to ensure the trust agreement abides by all legal requirements. This step is crucial to avoid any potential issues or disputes in the future.
5. Execute the trust agreement by signing it in the presence of witnesses or a notary public, depending on the jurisdiction's requirements.
6. Fund the trust by transferring assets into the trust's name. This can include real estate, intellectual property, investments, or any other type of asset that is permitted by law.
7. Register the Delaware statutory trust with the appropriate authorities, such as the Delaware Division of Corporations. This step is necessary to establish the legal entity of the trust.
8. Comply with ongoing administrative and reporting obligations as required by law. This may include filing annual reports or maintaining proper records of trust activities.
9. Regularly review and update the trust agreement as needed to reflect any changes in circumstances or objectives.

Who needs a Delaware statutory trust?

1. Individuals or businesses looking for a flexible and efficient way to hold and manage assets. A Delaware statutory trust provides various advantages such as asset protection, tax benefits, and privacy.
2. Real estate investors who want to hold and manage multiple properties within a single entity. A Delaware statutory trust allows for the centralized control and management of real estate portfolios.
3. Estate planners who wish to pass on wealth and assets to future generations while minimizing estate taxes and probate issues. A Delaware statutory trust can provide significant estate planning benefits.
4. Business owners who want to separate and protect business assets from personal assets. By establishing a Delaware statutory trust, business owners can shield their personal assets from potential business liabilities.
5. Investors participating in 1031 exchanges (also known as like-kind exchanges). A Delaware statutory trust can be used as a replacement property in a 1031 exchange, allowing investors to defer capital gains taxes on the sale of their original property.

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What is a delaware statutory trust?

A Delaware statutory trust is a legally recognized trust that is set up for the purpose of business, investment, or other purposes, established under the laws of the state of Delaware.

Who is required to file a delaware statutory trust?

Any entity or individual that wishes to establish a Delaware statutory trust must file the necessary paperwork with the Department of State in Delaware.

How to fill out a delaware statutory trust?

To fill out a Delaware statutory trust, you must provide information such as the name of the trust, the names of trustees, and the purpose of the trust. The filing must be done through the Department of State in Delaware.

What is the purpose of a delaware statutory trust?

The purpose of a Delaware statutory trust is to provide a flexible and efficient vehicle for conducting business or investment activities while enjoying the benefits of a trust structure.

What information must be reported on a delaware statutory trust?

Information such as the name of the trust, the names of trustees, the purpose of the trust, and the duration of the trust must be reported on a Delaware statutory trust.