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SMU Law Review Volume 31949Resulting Trusts An Exception to the Statute of Frauds Host D. HowardFollow this and additional works at: http://scholar.smu.edu/smulr Recommended Citation Host D. Howard,

How to fill out resulting trusts - an

How to fill out resulting trusts - an

1. Understand the purpose of resulting trusts. Resulting trusts are created when property is not properly transferred to the intended beneficiary.
2. Gather all the necessary legal documents, including the trust agreement, property titles, and any relevant financial information.
3. Identify the intended beneficiary of the trust. This is the person or organization that the property was intended for.
4. Transfer the property to the beneficiary. This may involve signing over property titles or making necessary financial arrangements.
5. Ensure that all legal requirements are met, such as obtaining signatures from all relevant parties and filing any necessary paperwork.
6. Update the trust agreement to reflect the transfer of property, if required.
7. Consult with a qualified attorney if you have any questions or concerns throughout the process.

Who needs resulting trusts - an?

1. Anyone who wants to ensure that their property ends up in the hands of a specific beneficiary.
2. Individuals or organizations who wish to establish a trust to hold and distribute property to beneficiaries.
3. Those with complex estate planning needs or sizable assets.

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What is resulting trusts - an?

Resulting trusts are a type of trust that arises when property is transferred to someone, but the transferee is not intended to be the beneficial owner.

Who is required to file resulting trusts - an?

The person who receives the property and is considered the trustee of the resulting trust is required to file.

How to fill out resulting trusts - an?

To fill out resulting trusts, the trustee must document the transfer of property and the intended beneficiary.

What is the purpose of resulting trusts - an?

The purpose of resulting trusts is to prevent unjust enrichment and ensure that the property is returned to the rightful owner.

What information must be reported on resulting trusts - an?

The report must include details of the property transfer, the intended beneficiary, and any terms or conditions of the trust.