Indiana Land Trust - Owners/Beneficiaries

As an Owner/Beneficiary how do I...

Establish a New Land Trust?

1. Contact us to reserve a land trust number. We will ask for the property address, type of property and value of the property.

2. Download and complete the

Trust Agreement Form and W9 (PDF). TO COMPLETE THIS FORM:
SAVE the blank form to your computer
BEFORE entering your information and then
SAVE AGAIN after completing the form.

These forms are signed by the beneficiary and holder of power of direction if different than the beneficiary.

3. Send the original signed trust agreement, W9, and copy of state ID to the Indiana Land Trust Company office for acceptance.

4. Download and complete the deed in trust form.

5. Record the deed with the county recorder’s office in the county where the property is located.

Amend an Existing Trust – Contingent Beneficiaries?

1. Download and complete the

Amendment of Contingent Beneficial Interest (PDF) TO COMPLETE THIS FORM:
SAVE the blank form to your computer
BEFORE entering your information and then
SAVE AGAIN after completing the form.

form. This form is signed by the beneficiary.

2. Send the original signed amendment to the Indiana Land Trust Company office for acceptance.

Amend an Existing Trust – Assignment of Beneficial Interest?

1. Download and complete the

Assignment of Beneficial Interest form and W9 (PDF). TO COMPLETE THIS FORM:
SAVE the blank form to your computer
BEFORE entering your information and then
SAVE AGAIN after completing the form.

The current and new beneficiaries sign the assignment and the new beneficiary signs the W9.

2. Send the original assignment, W9, and copy of state ID to Indiana Land Trust Company office for acceptance.

Close a Trust / Transfer Property Out Of a Land Trust?

Call (219) 661-2792 to verify fees and signature requirements.

1. Download and complete the

Direction to Convey (PDF). TO COMPLETE THIS FORM:
SAVE the blank form to your computer
BEFORE entering your information and then
SAVE AGAIN after completing the form.

form. Have this form signed by the beneficiary or holder of power of direction if different than the beneficiary.

2. Send the original signed Direction to Convey form and fee payment to the Indiana Land Trust Company office. We will prepare the deed and related documents according to the direction.

THANK YOU

Thank you for choosing Indiana Land Trust Company to serve as your trustee! Though our site can’t cover every scenario, we have tried to include information regarding some of the more common requests. However, if you have any other questions or concerns, please contact our office at (219) 661-2792.