What is a living trust?
see:
petersonsavio.com/index.php?topic=336.0THE MORPHEY-PETERSON MARITAL HOME TRUST
Assumptions:
ALBERT J MORPHEY, Widower, has always been ALBERT J MORPHEY
BETTY L MORPHEY, nee BETTY L WILSON, became
BETTY L PETERSON when BETTY L WILSON married to DONALD D. PETERSON
BETTY L. MORPHEY when BETTY L. PETERSON married to ALBERT J MORPHEY 1994 ?
Mrs. MORPHEY died ?
DONALD D. PETERSON died 1991 ?
Both were widowed and most likely inherited their marital homes
as well as assets from their respective marriages.
They married in 199??; he had 7 children; she had 3 children.
55 Chesterfield Ct, Burr Ridge, IL. (630) 655-5...
Burr Ridge may have been his previous marital home (checking)
History:
Property built in 1956.
Sale closed: 11/1/95
Recorded: 11/28/95
First Mortgage recorded:
R96097570
06/11/96
$100,000
HINSDALE FED BK SAVS
REFINANCED FIRST MORTGAGE
R2003045151
MTG
02/04/03
$100,000
FIRST AMERICAN BK
Title is held under the MORPHEY-PETERSON MARITAL HOME TRUST.
CALLAGHAN ASSOCS INC.* deeded/conveyed title to the property to:
ALBERT J MORPHEY (I), an individual, and
BETTY L MORPHEY (I), an individual,
who then conveyed their own properties into their
MORPHEY-PETERSON MARITAL HOME TRUST, a Living Trust.
ALBERT J MORPHEY or BETTY L MORPHEY, his wife as Trustee.
The name of the Trust can be whatever you want the name to be.
The assets of an unrecorded trust are not available for public view.
Under certain conditions of the trust, the successor trustee becomes Trustee.
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*google
FEATURED BUILDER: Callaghan Associates, Inc.,
Founded 1956  Westmont, IL
630.887.9035 â€â€
www.callaghanassociates.comUnder Construction
To Be Continued...