New Certification of Trust Document and Trustee Powers Form

March 31, 2021
New Certification of Trust Document and Trustee Powers Form

All trust-owned policies now require a Certification of Trust Document and Trustee Powers form. The form doesn’t apply to policies owned by individuals who wish to have a trust listed as a beneficiary.

Unlike the Power of Attorney affidavit, you’re required to submit this new form only once. We’ll require a new certification form if trustee information changes or a new trustee is appointed. Go to the Find Forms & Materials button on your distributor page of our website to get the Certification of Trust form.

What does this form do?

  • Provides us with the necessary information to make the legal review process more efficient.
  • Allows us to accurately track trustee information and signing authorities.

What additional paperwork is needed?

  • Check page 2, section 4, of the form for a list of required documents. They include:
    • The first page and the signature pages of the trust document showing the signatures of trustors and trustees.
    • If a signee is not listed on the signature page of the trust document, you must provide a court order or the page from the trust document identifying the signee as a successor trustee.
  • Disbursement Form 5031 for payments and verification of the taxpayer identification number.
    • The Certification of Trust Document and Trustee Powers form requires the Social Security numbers of the trustees, but Form 5031 is still required.

Have Questions?

Contact our service specialists at 800.247.6888 or send us a message.

 

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