Getting very close to signing documents and after the bank's legal department went through one of our trust documents they've come back saying that under the current terms of the trust there is no unlimited power to appoint an attorney with that power being limited to signing documents. They want this changed to unrestricted before they'll proceed with the loan.
Now I'm presuming that this is standard and I'll be sending it through to the accountant today and on to the lawyer that drew up the original trust document from there but thought I'd check just in case I'm missing something.
Now I'm presuming that this is standard and I'll be sending it through to the accountant today and on to the lawyer that drew up the original trust document from there but thought I'd check just in case I'm missing something.