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Authorized Sign​e​r on a Trust Account?

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Question: 
Can you now have an authorized sign​e​r on a trust account? The trustee is the owner of the trust and the successor trustee is her husband. She is wanting to put her daughter as an authorized sign​e​r just to sign checks in the case she gets sick and can't. After her husband (who is also aging), her 2 sons are the trustees.
Answer: 

The only document that can answer this question is the trust. Either the trust grants the authority to delegate their authority as trustee to a third party or it doesn't. If you are not sure, ask bank counsel to review the document for this verbiage. If the language is not there, it is up to your customer to go back to their attorney and ask for help in amending their trust.

First published on 11/26/2017

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