How these transactions actually run.

16 explanations of the work after the signature: what each step requires, what the institution on the other end sends back, and what belongs in the file when someone asks about it years later. Free to read, nothing to fill in, and every statute and rule they rest on is named and linked.

Trusts and estates

Funding a trust is a series of transfers at other institutions. These explain what each one actually requires and what comes back as proof.

  1. How to fund a revocable living trust

    A signed trust that owns nothing does nothing. Funding is the transfer work.

    Funding is not one act. It is four different acts, chosen by what the asset is, each finished at a different institution and proved by a different document. This walks the four, names what closes each one, and lists the assets people leave behind.

    5 minute read · How Termn runs trust funding

  2. Beneficiary designation or trust: which one controls

    The form at the insurance company usually wins. It is worth knowing why.

    A beneficiary designation moves an asset outside the will and outside the trust, straight to the named person. What that means when the designation and the estate plan disagree, and what to check on every account that has one.

    3 minute read · How Termn runs trust funding

  3. How to move stock and brokerage accounts into a trust

    Two different paths, and a signature guarantee most people have never heard of.

    Retitling securities runs through either the brokerage or the transfer agent, and which one decides how hard it is. What each path requires, what a medallion signature guarantee is, and what proves the position actually moved.

    3 minute read · How Termn runs trust funding

  4. How a deed gets recorded, and what proves it

    Signing a deed does not move the property. Recording is what the world can see.

    A deed into a trust runs through execution, notarization, the county recorder, and back. What each step requires, why deeds get rejected, and what the recorded instrument has to show before the transfer is finished.

    3 minute read · How Termn runs trust funding

Raising money

What a SAFE is between the wire and the stock, and what the round file has to hold when someone finally asks.

  1. What has to happen before a SAFE becomes stock

    Funded is not converted. The gap between them is usually measured in years.

    A SAFE is an open promise from the day the money lands until shares are actually issued. What triggers conversion, what the company has to do when a trigger fires, and why the outstanding list matters more than the documents.

    3 minute read · How Termn runs SAFE financing

  2. What a SAFE round file has to hold

    The questions come two years later, from a lawyer who was not there.

    Diligence on a seed round is mostly archaeology. What to keep while the round is running so the answers exist later: the signed instruments, the money evidence, the securities filings, and the outstanding list.

    3 minute read · How Termn runs SAFE financing

Notes and family loans

A loan between people who know each other is still a loan. What documents it, what the tax rules assume, and how it ends.

  1. How to document a loan inside a family

    The paperwork is not distrust. It is what keeps it a loan.

    An undocumented family loan is a gift as far as the tax rules and a future executor are concerned. What the note has to say, what interest rate the rules assume, and what to record while it runs.

    3 minute read · How Termn runs personal and family loans

  2. What a demand note is, and how it ends

    No schedule, no maturity date, and no reason it should be forgotten.

    A note payable on demand has no installments and no end date. Where they are used, what calling one actually involves, and why an open-ended obligation needs a record more than a scheduled one does.

    3 minute read · How Termn runs personal and family loans

Money in motion

Which rail to use, what can still be pulled back, and what happens when a payment goes to the wrong account.

  1. Which payments can be reversed, and for how long

    Money showing in the account is not the same as money you get to keep.

    Wires, ACH transfers, checks, cards, and instant payments each become final at a different moment, under different rules. What can still be pulled back, by whom, and for how long, and what that means for anything handed over on receipt.

    4 minute read · How Termn runs a bill of sale

  2. Why wire instructions should not travel by email

    The fraud does not break anything. It waits for the right moment and sends a correction.

    Business email compromise works because payment instructions arrive by email and look ordinary. How the substitution actually happens, why callback verification beats every other control, and what to do instead of attaching a PDF.

    3 minute read · How Termn runs sign and fund

  3. A payment went to the wrong account: the first hours

    Recovery odds fall by the hour. This is the order to work in.

    What to do when a wire has gone to a fraudulent or mistaken account: who to call, in what order, what to report and where, and what to secure before the same access is used again.

    3 minute read · How Termn runs sign and fund

  4. Escrow releases, earnouts, and money owed after the closing

    The documents were signed months ago. Somebody still has to watch for the wire.

    Holdbacks, escrow releases, earnout tranches, and other payments that land long after the deal closed. What to record when the file goes quiet, and how to reconcile a payment nobody announces.

    3 minute read · How Termn runs proceeds watch

Signing and records

What an electronic signature can and cannot carry, what “reconciled” means, and what a closed file has to contain.

  1. Are electronic signatures binding, and where do they stop

    Almost everywhere, yes. The exceptions are the documents you care most about.

    Federal and state law give electronic signatures the same effect as ink for most agreements. What the law actually requires, the categories it carves out, and what makes a signature hold up when someone denies making it.

    3 minute read · How Termn runs sign and fund

  2. Collecting a deposit before the work starts

    A signed statement of work is a promise. A received deposit is a fact.

    Why signature and payment drift apart in client engagements, how to run them as one sequence, which payment rails suit a deposit, and what to send when work is actually authorized to begin.

    3 minute read · How Termn runs a client SOW and deposit

  3. What “reconciled” actually means

    Three separate facts that most systems collapse into one green tick.

    The sender’s claim, the receiving bank’s evidence, and an authorized person’s confirmation are three different things. Why keeping them apart changes what a payment record is worth, and where the collapse usually happens.

    3 minute read · How Termn runs proceeds watch

  4. What a settlement record has to contain

    The file is finished when a stranger can read it without asking anyone anything.

    What belongs in the record of a completed agreement: the parties, the exact documents, who signed and when, what moved and what proved it, and who confirmed. Written for the person who has to answer questions years later.

    3 minute read · How Termn runs sign and fund

Longer, and printable

Where an article explains one thing, a field guide walks a whole transaction end to end and closes with a checklist meant to be printed and ticked. Three of them: a SAFE round, funding a revocable trust, and a loan from a trust. Each is a free PDF, emailed to you.

See the field guides

Common questions

Is this legal or tax advice?
No. These are explanations of how a transaction runs: what each step requires, what the institution sends back, and what belongs in the file. Termn is not a law firm. What is right for your situation is a question for your own counsel.
Who writes them?
The people who build Termn, out of the transactions the product runs every day. Where an article rests on a statute, a rule, or an agency’s own guidance, it names it and links to it, so you can read the source rather than take our word.
How is this different from the field guides?
Length and form. An article explains one thing and lives on the web, free and open, with nothing to fill in. A field guide is a printable PDF that walks a whole transaction end to end and closes with a checklist, and it is emailed to you.
Can I share or quote these?
Yes. Link to them, send them to a client or a colleague, quote them with attribution. They are published to be useful, and every one of them names its own boundaries.
How current are they?
Each article carries the date it was last reviewed. Rules change, particularly rates and filing thresholds, and an article names the primary source precisely so you can check the current version of it yourself.

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