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#1077837 - 11/06/08 05:27 PM Joint Trust account titling
Doug S Offline
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Joined: Sep 2008
Posts: 2
We have a husband and wife who each have their own rev trust & they want to title their accounts in both trusts, example:

John Doe ttee of the John Doe Trust OR Jane Doe ttee of the Jane Doe Trust.

Has anyone ever done this type of titling before?? If it is possible, what would the ramifications of a death of one of the owners be? It seems to me that it could be a little messy, but any thoughts would be appreciated.

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#1077838 - 11/06/08 05:31 PM Re: Joint Trust account titling Doug S
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,227
Galveston, TX
The trusts are stand alone entities and they cannot co-mingle funds in this manner and keep the trusts viable.
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#1077848 - 11/06/08 05:41 PM Re: Joint Trust account titling rlcarey
Doug S Offline
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Joined: Sep 2008
Posts: 2
Thank you, that's what I thought as well.

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