George Washington set a lot of precedent's while he was in office. For example; in 1796, he published his Farewell Address. In it, he announced that he retired. Washington a â¦ lso set another important precedent at the end of his second term in 1796.
What Is a Trust Statement? Trusts are an important part of an estate planning process, and can save a grantor and his beneficiaries valuable time and money. When the grantor of an estate dies, the responsibility of managing the trust and distributing funds to beneficiaries falls to the estate trustee.
Certificates of Trust Law and Legal Definition. To transfer assets into a trust, a Certificate of Trust Existence and Authority is needed. This is a summary or quotation of selected parts of the trust. Its purpose is to allow a person to know the correct name of the trust and to be sure that the trust has power over its assets.