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Senior Member
First grantor
ab initio
Lets explore Trust formation. Who is Who - so to speak.....
Realize that:
The Equitable Title is in the Registered Owner. And the State, as Trustee issues a Certificate of Title upon the Registered Owner. Now the Registered Owner may transfer the Right of Use into another Trust; yet the management of the Right of Use never leaves the State!
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1. The Grantor grants the Right of Use [property] into Trust
2. The State takes up the office of Trustee - because the Grant was made IN or UPON a State Asset Registry - Register of Deeds or County Clerk and Recorder
3. The Original Grantor is presumed dead - Probate - so the Grant cannot be revoked. In other words the Trust is irrevocable. Or said another way it is NOT inter-vivos
4. The Grantor [CQVT] then becomes the Beneficiary - or Registered Owner of the Grant.
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See the attachment.
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Was it a benefit for you to record your Claim regarding Rights of Use or Property? Tell me what Law did you Claim UNDER? See the Trust now?
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