New answers tagged bank-account
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The Fidelity-type broker should be able to handle this pretty easily.
I happen to use Schwab. My Mother in law had me handle her finances when my father in law passed on, about 12 years ago. 4 years ago, she was starting to lose the ability to function on her own, and we sold her house and did exactly what you intend, deposit to a trust. Not that she ...
answered Nov 16 at 1:18
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It depends on the bank; for example Bank of America deducts it from the checking account on (business!) day 5 (which is the day the check typically arrives at the recipient); Chase deducts it the day it gets sent out.
Your bank might be somewhere inbetween (or outside).
I would wait until 5 business days have passed at least before you start worrying - that ...
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