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Wells Fargo Trust Account Application Form

Wells Fargo Trust Account Application Form

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How to open a trust account at wells fargo

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Instructions and help about trust account

hi Lee Phillips I'm an attorney I deal in estate planning a lot in fact I'm a supreme court counsel let me talk to you about opening a bank account in the name of a living revocable trust you set up the living revocable trust everybody says okay you got to fund the trust actually the lawyer half the time or 3/4 of the time write you a letter that says you know the trust really needs to be funded well funding the trust is the key element of the trust if it's going to avoid probate it's got to be funded that means it has to own the cars the house the boats the bank accounts the brokage accounts everything let's do a bank account you're going to go down to the bank and and 35 years ago when I started doing this none of the banks understood what a living revocable trust was you'd roll in with the trust you'd say I want to put the bank account in the name of the trust and the little girl would look at you like H today most of t

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