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Begin by reviewing the document's introductory section. Ensure you understand your role as a fiduciary—whether as an Executor, Trustee, or Administrator.
Fill in the 'Grantor' section with your name and title. For example, 'John Doe, as Executor of the Estate of John Doe, Sr.' This identifies you as the person authorized to execute the deed.
In the 'Grantee' section, enter the names of individuals or entities receiving the property. If there are multiple grantees, specify their relationship (e.g., joint tenants).
Complete the legal description of the property in Exhibit A. This is crucial for identifying the exact location and boundaries of what is being conveyed.
Sign and date the document in front of a notary public. Ensure all required signatures are obtained to validate the deed.
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A trustee deed is a legal document used to transfer ownership of real property from an individual (the grantor) to a trust. The trust can be any type of trust, including a revocable trust, an irrevocable trust, a charitable trust, or a Florida land trust.
What is a fiduciary deed?
A fiduciary deed is used to transfer property when the executor is acting in his official capacity. A fiduciary deed warrants that the fiduciary is acting in the scope of his appointed authority but it does not guarantee title of the property.
Is a fiduciary deed also called a trustees deed?
A Fiduciary Deed, also known as a trustees deed or personal representatives deed, is a legal document used to convey real property from one party (the grantor) to another (the grantee). A fiduciary is a person or entity entrusted with the responsibility to manage and act in the best interests of another party.
What is another name for a trust deed?
In trust law, a trust instrument (also sometimes called a deed of trust, where executed by way of deed) is an instrument in writing executed by a settlor used to constitute a trust.
Is a trustee the same as a fiduciary?
Trustees and Executors are Fiduciaries. This means that they must act with the highest degree of honesty and good faith.
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by MF Radford 2009 Cited by 9 This Article describes selected cases and docHub legislation from the period of June 1, 2008 through May 31, 2009, that pertain to Georgia fiduciary law
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