Posted By: Anonymous
POD Account As A D/B/A Account? - 12/15/02 07:14 PM
I have a customer that wishes to establish his sole proprietorship account jointly with his wife, but without her ablility as an authorized signatory. It would seem impossible to police or monitor this arrangment. One would normally arrange this account as a payable-on-death account. Is there anything that would prohibit us from establishing a trustee account as a d/b/a account? Your advise would be appreciated.