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Retaining trust documents after our customer has died

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Question: 
After a person dies, how long are we required to keep their trust paperwork?
Answer: 

It depends on a lot of factors, but if the account has been closed, why would you not keep account documentation according to your retention schedule for any other account? Talk to your legal counsel regarding the specific circumstances. You do not give us enough information to know why you are asking.

First published on 05/26/2024

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