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How do I move trust funds without causing problems? | NC

Pierce Law Group

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Q: How do I move trust funds without causing problems with the account? A: The safest approach is usually to move the money only under the trustee's authority and only through an account clearly titled in the trust's name. If the old trust account is closed or unusable, trying to reopen it can cause delay and confusion. In many cases, it is cleaner to open a new trust account, confirm the bank's…

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