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Results tagged with trusts
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user 56340
An organisation set-up to manage funds perputally.
2
votes
1
answer
116
views
what happens to existing accounts with a new living trust
Can you have two different trusts, say one at one bank and another trust at another bank?
The lawyer that created the original trust recommends redoing the old trust. … I've found that every person that I talk to at a bank has a different view of how their institution handles trusts. It's always painful... …
- 489
6
votes
1
answer
1k
views
How to cash US savings bonds as a successor trustee?
I have paper series-I bonds that are made out as follows, actual names omitted:
"husband" and "wife" CO-TR UDT DTDT "date and name of trust"
If both the husband and wife have passed away, what is th …
- 489
3
votes
1
answer
103
views
As a trustee and executor of a trust, can I "settle" the financial portion of a trust on my ...
regarding settling the trust as an executor: I have gone through the legal aspects of informing heirs regarding the trust, and assuming that there are only liquid assets, can I just make out checks to …
- 489
0
votes
0
answers
46
views
account type recommendation for minor beneficiaries of a trust (US)
As the trustee of a trust, I’m looking for suggestions as to how to make distributions to minor great-grandchildren. This is not a lot of money, but not trivial. I’m considering UTMA/UGMA/529b type ac …
- 489