We have a check made out to the estate of a customer that recently died. The account is set up with us as a trust account. Can we still deposit this check into this style of an account?
Can a safety deposit box be opened in the name of a personal trust?
We have two Trustees who are deemed incompetent by their physicians, and the successor trustees are willing to step up. However the trust is using one of the trustee's TINs. Can the successor sign the W9 section? They also have a POA drawn up, however it doesn't grant powers over the trust, just the trustee.
How much does FDIC cover for a non profit (church) business trust account?
Can we change single personal checking account to Irrevocable Trust that has different person as trustee directly without closing the existing account?
If a couple has a revocable living trust with and in the title and one person passes away, does the survivor need to get an new trust in their name only?
Can there be an authorized signor on a trust account if the person is not listed in the Trust nor has a POA?
Does an account with an EIN have to be classified as a business account? I am specifically asking about trusts and estates.
What part of the trust documentation is need to open an account?
When a customer wants to open an Irrevocable Income Only Trust, should they use their SSN or TIN?