--- name: trust-assignment title: Assignment of Property to Trust description: Drafts an Assignment of Property to Trust document transferring assets from a grantor into a revocable or irrevocable trust. Covers real property, financial accounts, business interests, personal property, and intellectual property with jurisdiction-specific execution formalities. Use when funding a trust, transferring assets to a living trust, assigning property to a trustee, or preparing trust funding documents. author: CaseMark author_url: https://github.com/CaseMark/skills/tree/main/skills/legal/trust-assignment license: Apache-2.0 version: 0.1.0 execution_mode: open jurisdiction: us practice: trusts-and-estates language: en --- # Assignment of Property to Trust Drafts a legally sufficient assignment instrument transferring specified assets from a grantor into a trust, formatted for execution and recording where applicable. ## Prerequisites Collect before drafting: 1. **Trust agreement** — full legal name, execution date, amendment history, revocable/irrevocable status, governing state 2. **Parties** — grantor's full legal name (as on titles), address, capacity; trustee's name/address; whether grantor serves as own trustee 3. **Asset inventory** — property descriptions, account numbers, legal descriptions, VINs, entity docs, IP registration numbers 4. **Jurisdiction** — state execution formalities, county recording requirements, witness/notary rules 5. **Third-party restrictions** — operating agreement transfer restrictions, lender consent requirements, entity governing document limitations ## Document Structure Draft these sections in order: | Section | Contents | |---|---| | Title & Date | "ASSIGNMENT OF PROPERTY TO TRUST" centered; date in traditional legal format | | Recitals | WHEREAS clauses identifying trust by full name/date, stating grantor's intent to fund | | Party Identification | Full legal names, addresses, capacities; dual-role language if grantor = trustee | | Trust Incorporation | Trust name, date, amendments, revocable/irrevocable status, authority provisions | | Operative Assignment | "assign, transfer, convey, set over, and deliver" language with consideration recital | | Property Schedules | Categorized asset descriptions per table below | | Representations & Warranties | Title, authority, no conflicts, further assurances covenants | | Governing Law | State law clause; venue if grantor ≠ trustee or trust is irrevocable | | Execution Block | Signature, witnesses, notarial acknowledgment per state requirements | ## Property Schedule Requirements | Asset Type | Required Identifiers | Notes | |---|---|---| | Real property | Legal description (from deed), street address, APN, county/state | May need separate deed; attach as exhibit if multiple parcels | | Vehicles | Year, make, model, VIN | | | Art/jewelry/collectibles | Artist/type, title, medium, dimensions, materials | Reasonable particularity standard | | Bank accounts | Institution, account type, full account number | Institution's own transfer forms also needed | | Investment/brokerage | Institution, account number, account type | | | Securities | Shares, company name, ticker symbol | | | Business interests | Entity legal name, interest type & percentage, formation jurisdiction | Check operating agreement for transfer restrictions/ROFR | | Intellectual property | Patent/trademark/copyright registration numbers, titles, domain URLs | | ### Non-Assignable Assets These cannot be transferred by general assignment — use dedicated forms instead: - **Retirement accounts** (IRA, 401(k), pension) — beneficiary designation forms - **Life insurance** — carrier's ownership change or beneficiary designation forms - **Financial accounts in practice** — most institutions require their proprietary transfer forms ## Execution Checklist - [ ] Grantor signature with printed name and date - [ ] Witness signatures (number per state law; typically 2 for real property) - [ ] Notarial acknowledgment using exact state statutory form (state, county, personal appearance, commission number, expiration, seal area) - [ ] Recording format compliance if real property (margins, font, return address, page requirements) - [ ] Preliminary change of ownership report / transfer tax declaration if jurisdiction requires ## Drafting Rules - **Dual-role language** — when grantor = trustee: "John Smith, an individual ('Grantor'), hereby assigns to John Smith, as Trustee of the John Smith Revocable Living Trust dated [date] ('Trustee')" - **Exhibits/schedules** — use for lengthy property lists; reference in the operative clause - **Further-assurances covenant** — obligate grantor to execute additional documents needed to perfect transfer - **Supplemental transfer docs** — flag any asset requiring deeds, entity assignment forms, or institution forms in a transmittal memo - **Notarial acknowledgment** — never draft from memory; use the exact statutory form for the applicable state [VERIFY specific state notary statutes] - **Community property states** — confirm whether spousal joinder or consent is required for real property - **Irrevocable trusts** — flag potential gift tax implications; confirm grantor understands the transfer is permanent - **Encumbered assets** — disclaim liens/encumbrances via schedule if grantor cannot represent clear title