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Yes, and I would go one step further by stating only the trust member who has their SSN on file with the club be the only one with any rights, voting or otherwise, in any matter brought before the club. We just did the same in our club. We did not include "revocable living", just the word 'trust'. -----Original Message----- From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Mary Hamm Sent: Thursday, September 15, 2016 5:03 PM To: club_cafe@bivio.com Subject: [club_cafe] Re: revocable living trust as partner Our club is trying to modify the partnership agreement to include sole or joint trustees. Our lawyer suggested that we word the new amendment to state that only the death of the initial grantor, triggers the withdrawal. This would be applicable to either a joint or sole revocable trust. Do you agree? Thanks.
On Thu, Sep 15, 2016 at 10:48 PM, Marty Eckerle <bmeckerle@comcast.net> wrote: Yes, and I would go one step further by stating only the trust member who |
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