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HomeMy WebLinkAboutAffadavit of TrustCertification and Affidavit of Trust for the Flynn Living Trust dated May 25, 2007 This Certification and Affidavit of Trust is signed by all the currently acting Trustees of the Flynn Living Trust dated May 25, 2007, as restated on May 10, 2012, who declare as follows: 1. The Trustmakers are Thomas J. Flynn, also known as T. J. Flynn, and Linda L. Flynn. The trust is revocable by the Trustmakers, acting jointly and not separately. 2. The Trustees of the trust are Thomas J. Flynn and Linda L. Flynn. The signature of one Trustee is sufficient to exercise the powers of the Trustee. The successor Trustee is Edward Jones Trust Company. 3. The trust is a grantor trust and as such the tax identification number of the trust is the Social Security number of either Thomas J. Flynn or Linda L. Flynn, pursuant to Treas. Reg. 301.6019-1(a)(2). 4. Title to assets held in the trust shall be titled as: Thomas J. Flynn and Linda L. Flynn, Trustees of the Flynn Living Trust dated May 25, 2007, and any amendments thereto. 5. The address of the currently acting Trustees is: N519 Blackhawk Bluff Drive, Milton, Wisconsin 53563. 6. The powers of the Trustees include the power to acquire, sell, assign, convey, pledge, encumber, lease, borrow, manage and deal with real and personal property interests, as well as open and maintain accounts with any financial institution. 7. Pursuant to Wisconsin State Statutes Section 701.19(11): "With respect to third persons dealing with a Trustee or assisting a Trustee in the conduct of a transaction, the existence of trust power and its proper exercise by the Trustee may be assumed without inquiry. The third person is not bound to inquire whether the Trustee has power to act or is properly exercising the power; and a t»ird person, without actual knowledge that the Trustee is exceeding the trustee's power or improperly exercising them, is fully protected in dealing with the Trustee as if the Trustee possessed and properly exercised the powers the trustee purports to exercise. A third person is not bound to assure the proper application of trust property paid or delivered to the trustee." 8. The trust is in full force and effect. The trust has not been revoked, modified or amended in any way that would cause the representations in this Certification and Affidavit of Trust to be incorrect. Certification and Affidavit of Trust for the Flynn Living Trust Page 1