https://www.irs.gov/charities-non-profits/suggested-language-for-trusts-per-publication-557
Month: November 2020
Testate & Intestate
Testate = will
Intestate = died without will
Testamentary trust
A testamentary trust is a trust which arises upon the death of the testator, and which is specified in his or her will. A will may contain more than one testamentary trust, and may address all or any portion of the estate. Testamentary trusts are distinguished from inter vivos trusts, which are created during the settlor’s lifetime.
parol
slavery
The Mortgage Industry’s Utility
www.mers-serviceid.org
SEC Form 424B2
https://www.investopedia.com/terms/s/sec-form-424b2.asp
What Is SEC Form 424B2?
SEC Form 424B2 is the prospectus form that a company must file if it is making a primary offering of securities on a delayed basis. It is an important part of the initial public offering (IPO) process.
SEC Form 424B2 must include information about the newly issued securities, including the price set for the securities and their method of distribution. The purpose of the form is to empower investors to make an informed decision on whether to invest in the securities being offered.
Asset Backed Trust
Mortgage Pass Through Certificates = Units of Beneficial Interests (Trust Capital Units)
Bank Servicer = Trustee
Trustee of the Mortgage Back Security Trusts
Mortgage Backed Security = Unincorporated Business Association (Trusts)
Promissory Note at closing and pool it together
Pooling and service agreement = trust indenture
American Jurisprudence Pleading and Practice Forms Annotated
American Jurisprudence Pleading and Practice Forms Annotated
http://sovereignproject.com/wp-content/uploads/2011/12/3-Am-Jur-2d-AFFIDAVITS-SECTIONS-1-20.pdf