Direct Deposits and Lawful Money Redemption
Request a digital copy of the checks or copy of the pay stubs and indorse with the lawful money verbiage. Keep the originals by scanning or taking a picture and send at least 3-4 proofs with one’s yearly tax filing when the time arrives. Keep a ...
Can The Trustee Be A Beneficiary or Hold Beneficial Interest Certificates (BIC)
Yes; however, a trustee cannot be the sole (only) beneficiary. There should be at least one other beneficiary - which may also be another trust that the trustee sits on the Board of Trustees for. Further, the beneficiaries may have the lot of assets ...
Driver's License or Passport For Opening Trust Bank Account
It does not matter. The bank accepts both and they are equally private. If absolute privacy is required, this is where a registered banking agent comes in. Through a one-time appointment of an agent with banking privileges to open a bank account on ...
The Virtual Mailbox Asks If I Need A Personal or Business Mailbox - Which To Choose
It does not matter. If there is additional verification for a virtual business mailbox (like anytimemailbox.com has) a virtual personal mailbox will do. That being said, the business mailbox is the typical selection for virtual trust addresses with a ...
How Should The Trust Be Named
There are no rules to naming a trust, except the word "Trust" must be the last word in the name (e.g. ACME Trust). Any standard trust for every other use (public or private) can be named anything you desire (e.g. JCD Trust, Car 001 Trust, etc.). Do ...