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Certificate of Equitable Ownership

Beneficiary ownership
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0% found this document useful (0 votes)
38 views1 page

Certificate of Equitable Ownership

Beneficiary ownership
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Certificate Number__445__

CERTIFICATE OF EQUITABLE OWNERSHIP


PERCENTAGE OF DISTRIBUTION

The Declaration of Trust dated Date Trust Declared, 2023, creates Trust Name Here and ________First-Middle: Last________ owner of
the Trust Corpus, being held by appointed Trustees, managing the Trust and corpus thereof as designated in said Declaration of Trust, who
as such Trustees, are therein authorized to transfer the right to receive distribution of the Units of Equitable Ownership of this Trust to the
individual named below.

THEREFORE, the Trustees do hereby certify that _______Beneficiary-Name: Here_______ possesses the right to receive __33__
percent of the distribution of the Units of Equitable Ownership of this Trust. This right, of itself, is non-assessable and non-taxable as
described in the Articles of Indenture which exempt both Trustees and Beneficiaries from personal liability for debts or obligations,
contractual or tortious, beyond the Trust assets. This Certificate conveys no current interest of any kind in the Trust assets, management, or
control thereof.

Benefits hereby conveyed consist solely of the emoluments as distributed by the action of the Trustees and nothing more. The original
Units of Equitable Ownership are non-transferable in accordance with the Declaration of Trust on file in the office of the Secretary of the
Board of Trustees. At the death of the holder hereof, this Certificate is null and void. Upon presentment to the Trustees of this voided
Certificate and surrender of the same, the Trustees are authorized to issue another Certificate of Equitable Ownership to someone authorized
by the duly signed and witnessed endorsement of the holder hereof.

This Certificate for the original Units of Equitable Ownership evidences consideration of the receipt of money and/or other property or
things of value, whether tangible or intangible, sold or conveyed to said Trust under the conditions and for the purposes set forth in the
Declaration of Trust which confers no rights, powers, privileges, or interest not specifically declared in said Declaration of Trust.

IN WITNESS WHEREOF the Trustee has signed this Certificate of Equitable Ownership
as authorized on this _____ day of ______Month______, 2023.
By,

______________________________
First-Middle: Last, Executive Trustee

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