• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Multiple Trust Checking Accounts?

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

Squirrel48

Junior Member
California.

Is it possible to open more than one trust checking account when administering my deceased father's trust? Since amounts over $100K are not insured, it seems it wouldn't be wise to have larger amounts going through it, especially since the bank puts a long hold on large checks. Is there any reason not to open another account at a different bank?
 



Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top