This is not legal advice for your situation*

At Your Service: Entering the Name of Inter Vivos Revocable Trusts

In last month's article, we provided detailed instructions on Document Systems, Inc.'s ("DSI's") latest software enhancement to DocMagic that accommodates the situation where an inter vivos revocable trust ("revocable trust") is the borrower under a loan.  As a supplement to those instructions, please note that if the word "The" is in the name of a revocable trust, the DocMagic user must enter this word in the "Corp/Trust Name" field of the Borrower tab of the worksheet. For example, if the official name of a trust is "The Nascar Family Trust Under Trust Instrument, dated February 14, 1959," you must input the word "The" before "Nascar Family Trust, etc." in the "Corp/Trust Name" field.

If you have any questions about entering trust information into your worksheet, please contact Customer Service, at (800) 649-1362.

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*This article is distributed to provide general information about the subject matter covered and should not be utilized as a substitute for professional advice in specific situations. If you require such advice, please consult with your own professional advisers.


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