[WSBAPT] Chase Bank requiring court order to set up testamentary trust account?

[James B. Dolan]

Try another bank? Do you have to open the trust account at Chase?

 

Jim Dolan

 

===================

 

Jones Butler Dolan, PS

 <http://www.jbdolan.com> www.jbdolan.com

 <http://www.jonesbutlerdolan.com> www.jonesbutlerdolan.com

 

Mount Vernon

 

P.O. Box 2784

415 Pine Street 

Mount Vernon, WA 98273

Telephone: 360-336-2939

Facsimile: 360-336-2949

 

Stanwood

 

P.O. Box 458

10027 - 269th Place NW (SR 532)

Stanwood, WA 98292

Telephone: 360-629-3833

Facsimile: 360-629-6253

 

 

 

From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Josh Grant
Sent: Thursday, September 26, 2019 1:49 PM
To: wsbar trust
Subject: [WSBAPT] Chase Bank requiring court order to set up testamentary trust account?

 

My client is a surviving spouse and PR or her husband’s estate.  The LW&T provides that H’s assets go in to a testamentary trust with W as Trustee. W gets all income and whatever she needs during her life. We have about $20,000 in an estate account and we are ready to close the estate.  We have supplied tax I.D. # for the trust and copy of the will.  Local bank people says they checked with legal department and we have to get a court order because it is a Testamentary Trust.

 

Anyone agree with the bank? If so what kind of order?

If disagree, Anyone know someone at or a direct line to the legal department at Chase? or have a copy of a nasty=gram I can use?

thanks

 

Joshua F. Grant
advocates
P. O. Box 619
Wilbur, WA 99185
509 647 5578



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