Legal Family Trust Resolution

LEGAL FAMILY TRUST RESOLUTION

Trust Name: (the "Trust"), established on . The undersigned Trustees, Trustee One: and Trustee Two: , being the duly appointed trustees of the Trust, hereby adopt the following resolutions.

RECITALS

WHEREAS, the Trust was created for the benefit of the beneficiaries named in the Trust instrument and provides for the management, disposition, and administration of trust assets in accordance with the Trust instrument and applicable law;

WHEREAS, the Trustees have determined that it is in the best interests of the Trust and its beneficiaries to adopt formal resolutions authorizing actions necessary to administer, conserve, invest, encumber, and transfer Trust property and to carry out tax and administrative matters;

WHEREAS, pursuant to the Trust instrument and applicable law, the Trustees possess the authority to take all actions reasonably necessary to exercise and effectuate the powers granted to the Trustees;

NOW, THEREFORE, BE IT RESOLVED

1. 1. Authority to Act. The Trustees are authorized and empowered, on behalf of the Trust, to take any and all actions necessary or desirable to manage, protect, conserve, invest, and dispose of Trust assets, including but not limited to buying, selling, leasing, exchanging, subdividing, pooling, or otherwise dealing with real or personal property, and to execute, deliver, amend, or terminate instruments, contracts, deeds, assignments, mortgages, and financing statements as the Trustees deem advisable in their discretion.
2. 2. Banking and Investment. The Trustees are authorized to establish and maintain depository, brokerage, custodial, margin, and investment accounts in the name of the Trust; to designate authorized signatories; to execute agreements and signature cards; to endorse and negotiate checks, drafts, and other instruments; and to invest and reinvest Trust funds in accordance with the Trustee's fiduciary duties and the terms of the Trust.
   Authorized Financial Institutions
3. 3. Real Property Transactions. The Trustees are authorized to acquire, convey, encumber, lease, manage, repair, and otherwise deal with any real property held by the Trust, to execute deeds, mortgage instruments, leases, releases, satisfactions, and other documents, to grant easements and rights-of-way, and to pay or release liens and encumbrances as necessary for the administration of the Trust.
   Real Property Description (if applicable)
4. 4. Delegation of Duties. The Trustees may retain attorneys, accountants, financial advisors, investment managers, custodians, real estate brokers, and other professionals and agents, and may delegate ministerial or investment duties to such persons. The Trustees shall remain responsible for oversight of any delegated functions and for compliance with fiduciary standards.
   Trustees are authorized to delegate investment or administrative duties as set forth above.
5. 5. Tax Matters. The Trustees are authorized to apply for and obtain any tax identification number on behalf of the Trust, to prepare, execute and file federal, state and local tax returns and reports, and to execute consents, waivers, or other documents necessary for tax administration or to protect Trust interests.
   Tax Matters Contact
6. 6. Ratification of Prior Acts. All acts, transactions, and agreements undertaken by the Trustees or at the direction of the Trustees prior to the date of this Resolution that are consistent with the powers granted herein are hereby ratified, approved and confirmed in all respects.
7. 7. Notices. Any notice, demand, or communication required or permitted under this Resolution shall be in writing and shall be deemed delivered when personally delivered or sent by certified mail, return receipt requested, to the following addresses:
   Trust Notice Address

MISCELLANEOUS

Amendments. This Resolution may be amended or revoked by a subsequent resolution adopted by the Trustees in accordance with the Trust instrument and applicable law.

Waiver. No waiver of any provision of this Resolution shall be effective unless in writing and signed by the Trustees, and no waiver shall constitute a waiver of any other provision or any subsequent breach.

Counterparts. This Resolution may be executed in counterparts, each of which shall be an original and all of which together shall constitute one instrument.

Governing Law. This Resolution shall be governed by and construed in accordance with the laws of the state designated in the Trust instrument or, if none is designated, the laws of the state of the principal place of administration of the Trust, without regard to conflicts of law rules.

Entire Agreement. This Resolution, together with the Trust instrument, constitutes the entire written resolution of the Trustees with respect to the matters herein and supersedes all prior written or oral statements concerning the subject matter hereof.

Severability. If any provision of this Resolution is held invalid or unenforceable, such invalidity or unenforceability shall not affect the remaining provisions, which shall continue in full force and effect.

CERTIFICATION

The undersigned Trustees hereby certify that the foregoing is a true and correct copy of resolutions duly adopted by the Trustees of the Trust and that such resolutions have not been modified, rescinded, or revoked and remain in full force and effect.

Sign Now