Showing "DBA" on Account Records
How can I add someone to a deposit account? Is there a specific procedure for the signature cards or disclosures if they're even needed?
Can a Trust own a LLC? We have a LLC acct with it's own EIN in which the owners want to add their trust to. Both owners are co-trustees of the trust. Can we add it to the business account, and if so how would we style the roles and title?
What type of checks can be deposited to an estate account? If a check is made payable to Frank Smith and he is deceased, can that check be deposited into the Frank and Jane Smith Estate account?
We have a savings account that was opened March of 1993 titled hypothetically: Mary Smith and John Smith Trustees for Tim Smith. Does anyone ever remember titling accounts this way for payable on death purpose?
How do you know when to use a regular children's savings or to use the TX UTMA type of account?
If a customer changes their name due to a marriage or divorce and we collect the appropriate documentation, why is it best practice to receive a new
We need more information about compliance when it comes to signature cards. We use add and remove forms for account owners, signers, and beneficiaries when the owner wants to make changes after opening their account rather than printing a whole new signature card that all account owners would have to re-sign. Are these compliant with FDIC requirements when it comes to
distinguishing what type of insurance coverage they would have?
Can a business entity be a co-owner on a joint account with an individual person?
If a person selected her Durable POA which currently is included on all accounts as a Beneficiary, would it be okay to accept the POA and allow that person to be listed as POA and Beneficiary?