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All Forest County specific forms and documents listed below are included in your immediate download package:
The Following Pennsylvania and Forest County supplemental forms are included as a courtesy with your order.
Statement of Value Form (Forest County Document)
Transfer Tax Information (Forest County Document)
Valuation Factors/Short List (Forest County Document)
Forrest County Homestead Application with Instructions (Forest County Document)
Certificate of Acknowlegment (Forest County Document)
Valuation Factors/Long List (Forest County Document)
Jurat (Forest County Document)
Statement of Value (SOV) form (Pennsylvania Document)
Transfer Tax Information (Pennsylvania Document)
Valuation Factors/Short List (Pennsylvania Document)
Valuation Factors/Long List (Pennsylvania Document)
Certificate of Acknowledgment (Pennsylvania Document)
Jurat (Pennsylvania Document)
Including:
Title 20, Chapter 77 of the Pennsylvania Statutes governs trusts in the State of Pennsylvania.
A trust is a wealth management tool commonly used in estate planning. There are three main parties to a trust: the settlor, who funds the trust by conveying assets into it; the trustee, who administers the trust and controls its assets; and the beneficiary, who has a present or future interest in the trust (P.S. 7703). Note that a sole trustee cannot also be the sole beneficiary (P.S. 7732(a)(5)).
Under a trust, the acting trustee manages the trust as directed by the settlor. This arrangement works, in part, because the trustee holds what amounts to a proxy title to the trust's assets. If the trust contains real property that the settlor wishes to sell, the trustee executes and records a document called a trustee's deed to transfer the title to the grantee/buyer -- the settlor is not identified in the transaction.
In most cases, trustee's deeds are modified quitclaim or special warranty deeds. Quitclaim deeds contain no warranties of title, and special warranty deeds only offer the grantee protection against title claims originating while grantor controlled the property. Generally, a trustee uses a quitclaim deed if the settlor and grantee are close relatives (spouses, parent to child, etc.). A trustee of a living trust might also use a quitclaim deed to transfer property out of the trust and to himself as an individual. Third-party purchasers might require a special warranty deed in order to obtain a mortgage or title insurance.
Besides fulfilling the requirements for all instruments affecting real property in the State of Pennsylvania (tax parcel number, legal description, prior deed information, certificate of residence, and so on), the trustee's deed names the trustee as the grantor and gives the date and the name of the trust under which the trustee is acting. A certificate of trust is sometimes included to verify the trust's existence and the trustee's authority to act on behalf of the trust. As with other instruments, the deed must be signed and acknowledged in the presence of a notary, then recorded in the county where the property is situated.
Trust law can be thorny, and each situation is unique. Consult an attorney with specific questions or for complicated circumstances.
The documents you receive here will meet, or exceed, the Forest County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Get your Forest County Trustee Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
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Review: Well, we are 10 days from leaving the country for months and needed to notarize and record deed changes to our rental properties. We worried about USPS, UPS, DHL, etc. and hardcopies in the County's bureaucrats' hands. Soooo, we learned of Deeds.com from the County web site via one of the bulk digital recorders telling me about Deeds.com. Hit their site, read their instructions, concluded my tiny brain and decrepit abilities could handle the chore. WITHIN AN HOUR OF UPLOADING EVERYTHING INCLUDING C.C. FOR PMT IT WAS RECORDED AND I printed out copies. WORTH the $$ in speed, convenience and PEACE of mind. Pardon the loud trumpeting.
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