A Check Is Made To Me Personally - How Does One Sign It To The Trust

• Related Articles

• Will Personally Guaranteed Debts Risk My Personal Assets

  If a debt is personally guaranteed then the creditor will sue one personally and for personal assets.

• Can Trustee “Draw Money” From Trust Bank Account to Pay For Service or Goods Personally

  No, a trustee may not withdraw funds from a trust bank account to pay for personal services or goods that do not benefit the trust in some way. However, draws by the trust to pay trustees, for services, etc. is perfectly acceptable.

• Can A Check Made Payable To LLC Be Deposited To Trust Bank Account

  No; however, the LCC/entity can sign a check over to the Trust - which then allows the Trustee to deposit said check into the Trust bank account now.

• When To Sign "Without Recourse"

  When signing a document "John Doe, Trustee Without Recourse" it denotes to the contractual party that the trustee is not liable, personally or as a trustee, but that the trust is liable for all fiduciary and legal liabilities a contract may create. ...

• Should One Give The Virtual Mailbox Company A Personal Name or The Trust's Name

  Sign up personally under one's own name and tell the mailbox center the name of the trust's name that will be receiving mail.