How to Add Stock Certificates to Your Trust

Please note that the Stock Transfer Office cannot give any legal advice or discuss any aspect of your specific trust.

You are advised to meet with your legal advisor prior to making any assignment to your trust.

It is necessary that the resident, in conjunction with their attorney or legal advisor at the time they make a trust, make an assignment to their Seal Beach Mutual Share of Stock Certificate and their Golden Rain Foundation Membership Certificate.

An assignment may be executed on a separate piece of paper by your legal advisor, or you may execute the pre-printed assignment on the back of each of your two certificates.

If you assign ownership to your trust, you must assign both certificates. If you choose to complete the back of the certificates.

On the first blank line you will see “For Value Received”. Write in “I” or “We”. On the second blank line where it is written “Hereby sell, assign, and transfer unto,” write in the Title of your trust.

Each owner that is on both certificates must sign the assignments on the back of the certificates and date each certificate with the date you completed this assignment. Notarization is not required if the assignment is on the back of certificates.

Keep your original certificates with your entire trust. In the event your unit becomes an Estate, your trustee must come to the Stock Transfer Office and bring both Stock and Golden Rain Foundation Membership certificates and the entire trust to submit for a trust review. This will help your trustee establish authority over the unit.