DATE:  10/21/2021 

 NAME OF POSITION:  Trust Prep Manager

 PERSON’S SENIOR: VP of Marketing and Sales

 PURPOSE (The reason why this position exists): 

The purpose of the trust at Equity & Help is to ensure the investor and Equity & Help Inc. are well protected as well as the families. In the case of a property, a trust structure increases the chances that the asset will not form part of a person's asset base in the event of legal or creditor action. It also gives the flexibility of distributing both income and capital gains to the investors at the discretion of the trustee.

 VIEWPOINT (The viewpoint that an employee should have to be successful at the  job): 

To be able to protect the home it is vital that dates and wording is correct on Trust. The trust is used in many ways so extra care needs to be given on trust name, dates and parcel numbers. This document is binding so it must be notarized on 4 pages as well as signed by an authorized signer for the trustee.


 COMPUTER SKILLS REQUIRED: 

 Microsoft office suite, Google Suite, E&H Matrix

 SKILLS REQUIRED: 

Must be familiar with scanning to Google Drive; able to look through lots of documents to find missing data


 RESPONSIBILITIES OF THE POSITION: 

  • Make sure Trust is correctly signed and downloaded to CPF and in Matrix


WEEKLY ACTIONS:

See KB article Green Trust File Folder: https://equityandhelp.freshdesk.com/a/solutions/articles/44002237278


STATISTICS:

  • EMD’s on properties

  • # Deeds recorded

  • # Properties put in E&H Inventory 

  • # of offers put in 



Valuable Final Product: 

Documentation that is complete and easy to find.


 GLOSSARY OF TERMS: 

Trust: A trust, in legal terms, is any arrangement in which one party holds property for another party's benefit. The property owner never gives up control of the assets — cash, stocks, bonds, real estate — but the trustee becomes the owner for legal purposes... The person or entity that holds the property is the trustee.

PP Trust: A personal property trust is a revocable trust similar in nature to a land trust. The purpose of the personal property trust is to protect the owner's identity anytime an asset has a title.