Posted By: SunnyFL, CRCM
Endorsement for Check Payable to a Trust - 07/30/13 12:35 PM
We require that checks payable to a trust be deposited to an account in the name of the trust - not cashed against it - not deposited to a personal account in the name of the trustee. Endorsements and opinions have varied over the years when it comes to endorsements. For example, when the payee on a check reads like the title of the trust: Jane Doe REV LIV Trust UAD 3/3/93, Jane Doe & John Doe Trustees. Many trusts that include the names of the trustees in the title say "and" however, the trust stipulates only one trustee is needed to act. What is the proper way to endorse a check when the payee reads this way?