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  • 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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0 of 0 replies June 2018
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