Latest Operations - Living Trusts Topics

Trust Document Tracking

06/21/2020

How can we streamline trust document tracking?

Obtaining a trust TIN

10/21/2018

If the trust is using the SSN of the grantor, and the grantor dies, how soon after death must the trustee obtain an EIN for the trust?

When trust becomes irrevocable

10/07/2018

If the trust has two grantors (husband and wife) and one of the grantors dies, is the trust still revocable until the second grantor dies?

Common trust exceptions

07/09/2017

What are some common trust exceptions that banks track with ticklers?

Can Trustee Cash Check Made Out To Trust?

02/10/2014

I have a check made out to The Doe Family Trust. John Doe is the Trustee for the trust. Can he cash a check made out to the trust being he is the only Trustee for the Trust?

How to Do CTR for Closing Living Trust CD

10/28/2013

We had a customer who died and his daughters came in a closed a CD that was titled "His name Living Trust." The cash out amount was over $10,000.01 so a CTR must be done. My question is how is it done?

Living Trusts & POA

02/01/2003