03/21/2011
We have two payable on death beneficiaries on a certificate of deposit. One beneficiary is coming to the bank to get their portion of the proceeds. We are not sure what to do with the other half. We don't have information on the second beneficiary and are unable to obtain it.
03/14/2011
What is the proper endorsement of a check made payable to: Betty Miller Survivor TR Betty Miller and Joseph Miller C0-TTEES U/A DTD 12/09/1991 Can the check be depostied to an individual personal account?
03/14/2011
If a customer has two traditional IRA CDs at the same institution, is he allowed to set up different beneficiaries on each IRA account?
03/07/2011
Can a beneficiary be added to a conservatorship account?
02/21/2011
Can an attorney-in-fact and a beneficiary be one in the same?
02/21/2011
Can a non-spouse beneficiary of an IRA roll over a distribution into a new Roth IRA?
02/07/2011
We have a representative payee account where the representative will sign a blank check drawn on the representative payee account and then give it to the beneficiary, who will then come into the bank and cash it. Are we ok to give a balance to the beneficiary and are we ok in cashing a for the beneficiary?
01/31/2011
What paperwork is needed to open a deposit account for a customer requestng a Trust Under a Will for the Beneficiary of a Minor? Is the bank typically the trustee for these types of acccounts?
12/06/2010
A customer has a beneficiary on a CD and the owner passes away, can the beneficiary transfer the funds into his name without closing the account, or does the beneficiary have to close the account and open one in his name due to tax reporting?
12/06/2010
I have taken over garnishments, and we received one that has listed a person who is on a trust account as a trustee. Can we garnish these funds?