Posted by Jim Kennedy - Houston, TX on July 18, 2001 at 23:25:59:
I agree. In fact, I just did a deal with one of those exceptionally long metes and bounds legal descriptions. And I’m aware that you can have multiple properties in one trust. I use three schedules attached to the trust, A-C, listing separately: names and addresses of the beneficiaries, compensation of the trustee, and legal description and physical address of the trust property. What I don’t understand is the reason for separating the legal description from the physical address into two separate schedules.
And, like you, I’d be interested in learning the modifications that Alex’s attorney made to the trust documents.
Best of Success!!