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How do you get the money from a trust account that is left to you in a will?
Sdeholley
Visit the probate court and request the file. You can read through the will and trust and obtain a copy. You can contact the attorney who handled the estate if you have any questions. If that's not possible then contact the person who was appointed the trustee. If they don't respond then file a complaint with the court.
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∙ 13y ago
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How do you put money that is your own in a bank account without using your own name?
You can put it into a trust account owned by an attorney; you can set up a trust of your own and open an account in the name of the trust, with a trustee's name; you can use the money to capitalize a new corporation of which you're the only shareholder and then deposit the money in the corporate account, among other ways.
How many heirs are left to get money from the Hunts Trust?
There two heirs left.
Where can you put your money in?
A bank account, savings account, or family trust fund are a few options, it depends what you mean when you say 'in'.
Should a Trustee for a family trust be paid?
Yes. There is a lot of work involved in being a trustee. The trustee needs to keep an account of all the money coming into the trust and all the money going out. The trustee must be extremely careful to not co-mingle their own funds with the funds of the trust or pay any of their own bills with trust funds. The account books for the trust should be made available to the trustor and the beneficiaries of the trust.
Can you withdraw money if your account is overdrawn?
No, you have no money left. You may however have arranged an overdraft on your account (a loan form the bank) and if this is the case, yes.
Who puts money into an estate account?
Whoever is the trustee(s) of the trust for the estate is responsible for the account, including putting money in it.
How do you put money that is your own in a bank account without using your own name?
You can put it into a trust account owned by an attorney; you can set up a trust of your own and open an account in the name of the trust, with a trustee's name; you can use the money to capitalize a new corporation of which you're the only shareholder and then deposit the money in the corporate account, among other ways.
How many heirs are left to get money from the Hunts Trust?
There two heirs left.
What is a trust account used for?
When a bank or trust company holds money for a specific purpose this is called a trust account. A individual called a 'trustee' is accountable to administer the funds, in the manner legally described, to the beneficiaries.
What happens if a custodian on a trust account takes money our of the account without knowledge or approval of beneficary Mother took money out of daughter's account and will not go to the bank to transfer funds into child's account.?
Nothing will happen.
What is a in trust for account?
When money or funds are in trust in an account, they are typically being held for one party and handled by another. It is a way to control and convey assets for a third-party owner.
Where can you put your money in?
A bank account, savings account, or family trust fund are a few options, it depends what you mean when you say 'in'.
How do you get a trust fund that was left in an account and only you can redeem the funds when you reached 18 years of age but was lost and have no records of the trust fund being in the account?
If you have a trust fund, some record of it exists somewhere. I do not believe that every record was lost. Find the record. If, however, there is absolutely no record remaining anywhere, then there is no way to prove that you own this money and you will never be able to obtain it.
Can a bank close your account?
It the account is left inactive for a long time with no money in it they may opt to close the account.
How do you know if your bank account is levied?
Do you have any money left?
If a bank customer has an individual account and they die and their will states that funds pass to a trust can the executor close the account?
Yes, they can close the account. The money will then be placed as directed by the will.
What is a trust banking account?
What is an in trust for (ITF) account?
