Opening a treasury.gov account in name of my trust
When I went to the treasury.gov site, I saw that I could open an account in the name of my trust. I was unaware this option existed. All my bank accounts are in my trust, so this seems like the appropriate choice for me. Is there any reason why I should not choose this option?
Thank you for your advice.
Terry Says
Are you talking about your Revocable Living Trust? If so, definitely DO open the account in the name of your trust. Solves all the issues about beneficiaries if something happens to you.
