Asset Protection

AFFIDAVIT

The Settlor should represent, state, and affirm:

1. That the Settler has no pending or threatened claims;

2. That the Settlor is not presently under any investigation of any nature, and that the Settlor is not involved in any administrative proceedings;

3. That no situation has occurred which the Settlor has reason to believe will develop into a legal problem in the future;

4. That following any subsequent transfers to the CPT, the Settlor intends to remain solvent, and able to pay his/her reasonably anticipated debts as they become due;

5. None of the assets which the Settlor may transfer was derived from or relate to any of the activities specified in the Money Laundering Control Act of 1986.

Furthermore, to the extent a legal dispute or other problem presently exists, it should be disclosed in the Affidavit, which should provide that either sufficient assets have been retained with which to satisfy the problem, or the Settlement should he drafted with a provision requiring the Trustees to satisfy out of the CPT's assets any liability which may result from the disclosed problems.

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