Amendment of the Contingent Beneficial Interest - Chicago Title 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering your percentage of beneficial interest in the designated field. This specifies your stake in the trust.
  3. Next, input the Trust Number and the date of the trust agreement. This information is crucial for identifying the specific trust being amended.
  4. In the section regarding survivorship provisions, clearly state who will inherit your beneficial interest upon your death. Ensure that you specify their name accurately.
  5. Review all other terms and provisions to confirm they remain unchanged. This ensures clarity and legal integrity in your amendment.
  6. Finally, sign and date the document where indicated. If there are multiple signatures required, ensure all parties complete this step.

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Title Restoration Assistance: The Land Trust Company is partnered with the nations largest title insurance company. This collaboration empowers us, as the record owner, to assist in restoring rightful ownership of your property in the event of a fraudulently recorded conveyance document.
Under a land trust agreement, the party creating the trust can retain sole control over the property during his or her lifetime. The succession in ownership provided for in the trust agreement then becomes effective upon death without the expense of probate court proceeding.