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?
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?