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#830604 - 10/08/07 09:36 PM Safe deposit box in the name of Trust
Hogfan5 Offline
100 Club
Joined: May 2007
Posts: 142
We have a customer that would like to open a safe deposit box ni the name of his Trust. This has sparked quite the discussion here today. We have talked abotu it but not come up with a conclusion. Some say we should do it, some say no, it needs to be in an individual's name. Any suggestions?

Thanks

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#830617 - 10/08/07 10:09 PM Re: Safe deposit box in the name of Trust Hogfan5
NeverEndingSupport Offline
100 Club
Joined: Jan 2004
Posts: 210
Alaska
We allow fiduciary boxes to be open as long as a the bank's trust authorization and agreement is executed. For guardianships, conservatorships, estates, etc., we will open with a court order.

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