Certification of trust
Term · Law · MLC-T-LAW-000913
A condensed document that confirms the existence of a trust and identifies the trustee, without revealing the trust's detailed provisions or beneficiaries. This instrument allows a trustee to prove their authority to act on behalf of the trust when dealing with third parties. It is accepted in many jurisdictions as sufficient proof of a trustee's powers for transactions involving trust assets.
| Identifier | MLC-T-LAW-000913 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000913",
"term": "Certification of trust",
"field": "Law",
"definition": "A condensed document that confirms the existence of a trust and identifies the trustee, without revealing the trust's detailed provisions or beneficiaries. This instrument allows a trustee to prove their authority to act on behalf of the trust when dealing with third parties. It is accepted in many jurisdictions as sufficient proof of a trustee's powers for transactions involving trust assets.",
"url": "https://mlchart.com/terminology/law/certification-of-trust/"
}
Record 725 of 5,441 in Law terminology (MLC-0107). Request the full dataset.