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What happens if you no longer offer Nominee Trustee service or go out of business?
- Our Nominee Trustee could remain on your recorded Deed for as long as you own the property. It would not matter if the Nominee Trustee was deceased or not available, it would not alter the Deed or record title. As a client, you are provided with all the documentation to show that you are the successor Trustee. If you sell the property, you would have to go on record as the successor Trustee when you transfer to the new Deed. This would give up some anonymity but is less important when you are selling property. Other firms offer Nominee Trustee, but typically at a much higher rate.