19.44.18 Acquisition of Title by Trusts

Wyoming statutes provide that as a minimum you must define a trust by providing in the text of the instrument the name of the trustee or trustees and the name of the trust, the date of the trust or other agreement, or by referring by proper description of the affecting record book, page, document number or file, to the instrument, order, decree or other writing, which is of public record in the county in which the land so conveyed is located and in which the required information appears. Wyo. Stat. § 34-2-122.

In Wyoming, a statutory trust can be created, but the name must be registered with the Secretary of State. A policy issuing agent should obtain a copy of the certificate of trust from the Secretary of State to verify such a filing with that office and thereby ascertain the identify of parties to the document and other matters requiring investigation. The policy issuing agent must verify that all annual reports and fees have been filed, as well as examine the trust instruments.