Thread: NFA Talk
View Single Post
Old 02-16-2013, 10:49 AM   #99
Serbonze
Master of his domain.
 
Join Date: Feb 2003
Location: Florida
Posts: 2,020
My Ride: My wife.
Cool

Quote:
Originally Posted by Wraisil View Post
I've been researching it for a while but I don't have my trust yet, but my understanding was that all changes (adding/removing trustees or adding new items into the trust) requires it be notarized again. Of course, that may just be a Georgia thing.
Adding or removing a trustee should always be notorized. I have never heard of the need to re-sign a document to adding or remove an asset. While it's true that I have not reviewed a trust from every state, the logistical nightmare of that type of paperwork would be beyond my comprehension. We buy and sell millions of dollars of assets owned by trusts everyday, and have never had a trustee's notorized signature on the trades.

It could be a Georgia statute related to class III items, but it sounds more like an old wives tale.

ETA: I want to reiterate that I am not a lawyer nor an expert in Class III items. Always do your own research.
__________________

Last edited by Serbonze; 02-16-2013 at 10:55 AM. Reason: Auto-save 1361033733
Serbonze is offline   Reply With Quote