- 4 - Massachusetts law and naming the decedent as the settlor and sole beneficiary and Joseph S. Maniglia as trustee. The indenture of trust was recorded in the registry on August 5, 1977, and has never been amended. Additionally, an unrecorded statement of beneficial interest designated the decedent as the sole beneficiary of the Fam-Trust. Also on August 1, 1977, the decedent conveyed the property to “Frank S. Maniglia” as trustee of the Fam-Trust for a nominal consideration and recorded the deed in the registry. On September 14, 1977, the decedent recorded a confirmatory deed in the registry which stated that, because of a typographical error, the previously recorded deed had mistakenly referred to Frank S. Maniglia as trustee when, in fact, Joseph S. Maniglia was the trustee. Joseph S. Maniglia managed the property, except for a period in the early 1980s when he was unable to perform his management responsibilities. The bank account into which rents were deposited and from which expenses were paid was at all times in the name of “Fam-Trust”. On June 8, 1978, Joseph S. Maniglia signed a building permit with the City of Boston which named “FAM Trust” as the owner of the property. All documentation relating to the building permit indicated that “FAM Trust”, or Joseph S. Maniglia, trustee of the Fam-Trust, was the owner of the property.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 Next
Last modified: May 25, 2011