What information is needed in the trustee acceptance form?

When you go to open or update a bank account to hold the trust’s assets during a trust administration, the bank is likely going to ask for a copy of the form that shows that you have been appointed trustee and have accepted such appointment. While these forms may vary slightly depending on who prepared them, they all must contain the same general information. Consult with your estate administration attorney for guidance.

Information Typically Required

While it is important to seek assistance from your attorney for preparing a trustee appointment and acceptance form, you can generally expect it to include the following information:

  1. The name of the trust
  2. The date that it was created
  3. The article within the trust that names you as the successor trustee
  4. The name and date of death of the creator of the trust
  5. Your acknowledgement and acceptance of the appointment as trustee
  6. Your signature
  7. The date on which the acceptance was made and the form signed

The appointment and acceptance of trustee form is just one of several documents that the bank may wish to see when opening or updating accounts in the name of the trust. Your attorney can assist you in gathering all of the information that you may need.

We hope that this information answered your question about the trustee appointment and acceptance form. For more helpful tips and to stay up to date on the latest trust administration news in California, we encourage you to sign up for our free newsletter today!