certification of trust

Definition of "certification of trust"
  1. A summary of a declaration of trust that omits specifics about the trust's assets and beneficiaries, used to prove the existence of a valid trust without disclosing private details
How to use "certification of trust" in a sentence
  1. To secure the mortgage, the bank asked for a certification of trust.
  2. She provided a certification of trust to confirm the existence of a valid trust without revealing any confidential information.
  3. The certification of trust was needed to validate the trust's establishment while keeping its details private.

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