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What is a ‘Proof of Funds’ Letter? What Homebuyers Should KnowCombine all of your “liquid assets” (cash ... visit that facility and ask for a “proof of funds” letter from them. Be sure to give your financial institution a few days.
Should Paul later need or want some or all of the assets held by the trust, the trustee may add him as a beneficiary. This simple “divorce-proof” solution to a tricky problem gives Paul peace ...
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