Katon Property Consult

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*KATON PROPERTY CONSULT*

📜💼 "ENTRUST IN PROPERTY DOCUMENTATION" 💼📜

Entrust in documentation involves the legal processing of a property for minors until they reach the age of legal ownership.

In this arrangement:

🏠👧 Once the minor reaches the age of 18, they assume full ownership of the property and gain the freedom to make decisions.

✅ The trustee no longer has any rights over the property after it is legally registered.

✅ In the event of the trustee's passing, a letter of administration or will may not be required.

To initiate the entrusted documentation process, the following are needed.

1️⃣ Ghana Card of Trustee: The trustee should possess a valid identification document, such as a Ghana Card. 🆔🤝

2️⃣ Birth Certificate of Minor: The minor's birth certificate serves as proof of age and identity. 👶🎂📜

3️⃣ Passports of Trustee and Trustor: Valid passports of both the trustee and trustor establish their identities. 🤝🛂👥

🏘️This property entrustment arrangement can be utilized for various properties and multiple children.

⚠️However, some individuals believe it is important for all documents to be made in the principal owner's name, with a will being used instead. This allows for changes over time, as you cannot predict how the trustee will turn out.

We hope this message was educative!! Feel free to call or message us for clarification.

Stay tuned for more updates."