ASSIGNMENT OF BENEFICIAL INTEREST IN TRUST
Assignment of Beneficial Interest in Trust
THIS ASSIGNMENT is made this day of , 20 ,
by whose address is ,
hereinafter referred to as "Assigner"), to , whose address is _____________________________________, (hereinafter referred to as "Assignee").
WITNESSETH:
WHEREAS, the Assignor is a beneficiary of a trust created by _________________,
by instrument dated __________________, naming ___________________as Trustee; and
WHEREAS, the Assignor desires to assign to the Assignee all of Assignor's beneficial interest in the trust; and
WHEREAS, the trust instrument does not prohibit such assignment;
NOW, THEREFORE, for valuable consideration, the receipt of which is hereby acknowledged, the Assignor hereby assigns to the Assignee all Assignor's interest as a beneficiary of the Trust, including all moneys due or to become due to the Assignor thereunder; and
The Assignor authorizes the Trustee of the Trust to pay directly to the Assignee all moneys or other benefits representing, or arising from, the interest assigned hereby.
IN WITNESS WHEREOF, the Assignor has executed this assignment the day and year first above written.
Signed, sealed and delivered in the presence of:
_____________________________________ ___________________________________
Witness Assignor
_____________________________________
Witness
STATE OF _________________________
COUNTY OF _______________________
The foregoing instrument was executed and acknowledged before me this _____ day of_____________________________ , 20____ , by_________________________ .
______________________________
Notary Public
(SEAL) State of _______________________
My Commission Expires: _________
THIS DOCUMENT SHALL NOT BE RECORDED IN THE PUBLIC RECORDS OF ANY COUNTY.
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