Certification of Trust (IL) | Practical Law

Certification of Trust (IL) | Practical Law

A Standard Document used in Illinois to certify the existence of a trust and to provide information regarding its essential terms, without providing a full copy of the trust instrument. A certification of trust provides information about the settlor of the trust, the acting trustee, and the power and authority of the trustee to manage and invest trust property or to act with respect to a specific transaction. A trustee may use a certification of trust to certify to third parties that the trustee has authority to administer the trust while keeping some of the terms of the trust confidential. This Standard Document contains integrated notes and drafting tips.

Certification of Trust (IL)

Practical Law Standard Document w-000-2639 (Approx. 14 pages)

Certification of Trust (IL)

by Practical Law Trusts & Estates
MaintainedIllinois
A Standard Document used in Illinois to certify the existence of a trust and to provide information regarding its essential terms, without providing a full copy of the trust instrument. A certification of trust provides information about the settlor of the trust, the acting trustee, and the power and authority of the trustee to manage and invest trust property or to act with respect to a specific transaction. A trustee may use a certification of trust to certify to third parties that the trustee has authority to administer the trust while keeping some of the terms of the trust confidential. This Standard Document contains integrated notes and drafting tips.