• Private Trusts & Private Foundations

  Bank Accounts

  Posted by E.H. on December 11, 2022 at 8:45 am

  Hello,

  I have a trust account and a foundation account yet both are in dog-latin and are therefore not for the living.

  I also collected more than 10k the other day and was asked what the money was for? Clearly these accounts are putting me back in the public. I wonder if any of you were able to open accounts for the living. If so, could you let me know which bank?

  Thank you kindly!

  E.H. replied 2 years, 6 months ago 2 Members · 2 Replies
• 2 Replies

• 

  morag-janet-of-the-hill-family

  Member

  December 11, 2022 at 8:51 am

  No bank will open an account for the living, they can only trade with non living entities.

• 

  E.H.

  Member

  December 11, 2022 at 8:55 am

  Thanks Janet!

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