rj91jeep
Active Member
Anybody know if Farmers and Merchants bank does them? I have not had time to call them to ask
Need to open a checking account for my trust. Recommendations for a free checking account for trusts? I use Capital One now (since the merger), anyone have one with them?
Thanks.
Pnc could not find a free account for me without a kept balance of I think it was $800. So I went personal. Oh, and I'm not allowed in that branch again.
You can pay with a cashiers check,, also there is no requirement for it to be paid from a checking account connected to the trust. If you had a financial trust that was worth big money, then yes a checking account connected to the trust - since you will be writing a lot of checks to attorneys, accountants and the IRS. Also a lot of the checks for professional services may be deductible to the trust for taxes. Your NFA collection probably is not in the above category.