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APPLICATION TO ESTABLISH A DEPOSITORY TRUST Company provisions of 9B M.R.S. governing the applications to establish a nondepository trust company are listed below: Section 252, Decision making;Section
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Who needs trust applications and forms?

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Trust applications and forms are documents used to establish and manage a trust, which is a legal arrangement where assets are held by a trustee on behalf of beneficiaries.
Anyone looking to create a trust or manage an existing trust may be required to file trust applications and forms.
Trust applications and forms can be filled out by providing information about the trust settlor, trustees, beneficiaries, and assets held in the trust.
The purpose of trust applications and forms is to establish the terms of the trust, designate trustees, and ensure proper management and distribution of trust assets.
Information such as the names and contact information of the trust settlor, trustees, and beneficiaries, as well as details about the assets held in the trust, must be reported on trust applications and forms.
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