Risks of opening account for trust

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Question:

We have a client wishing to open a checking account through an irrevocable trust for the purpose of funding a self-directed 401K. The checking account would collect funds and then under the trust be invested as outlined by the trustee. What liability would the bank have if we opened the account?

Answer:

Unless you have a trust department and highly trained trust officers, I would pass. That scenario makes no sense to me.