New York Trust Affidavit (Settlor's Death)

• Category: Affidavits
• State: New York
• Control #: NY-S025ST
• Format: Word; Rich Text

Description

This Affidavit declares and affirms the original trustee of the trust (usually the settlor(s) is now deceased, thus transferring the trusteeship, the power over the trust — including the power over the real property held in trust — to the designated surviving truste

A New York Trust Affidavit (Settler's Death) is a legal document that is used to declare the death of the settler (creator) of a trust. This affidavit must be used by the trustee (person responsible for managing the trust) to prove to the court that the settler has died and that the trust is now inactive. The affidavit must be sworn to by a witness (or witnesses) who have first-hand knowledge of the settler's death. There are two types of New York Trust Affidavit (Settler's Death): the Standard Affidavit of Death and the Supplemental Affidavit of Death. The Standard Affidavit of Death is used when the settler has died and the trust is no longer active. The Supplemental Affidavit of Death is used when the settler has died and the trust is still active. In either case, the affidavit must include information about the settler such as their name, date of birth, date of death, and the name of the trust. It must also include the name and contact information of the witness(BS). The affidavit must be signed and notarized before it is submitted to the court.