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<div dir="auto">Years ago, I had a similar problem in Whatcom County, but I had an order requiring disbursements from a California probate to be paid into the registry of the court. Clerk didn't much like it, and proceeds were fairly short term (several months)
but it worked because the banks didn't want to lose the county's business.</div>
<div dir="auto">Good luck.</div>
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<div id="divRplyFwdMsg" dir="ltr"><font face="Calibri, sans-serif" style="font-size:11pt" color="#000000"><b>From:</b> wsbarp-bounces@lists.wsbarppt.com <wsbarp-bounces@lists.wsbarppt.com> on behalf of Neli Espe, J.D. - Olympic Legal <neli@olympiclegal.com><br>
<b>Sent:</b> Tuesday, December 19, 2023 1:51:28 PM<br>
<b>To:</b> WSBA Real Property Listserv <wsbarp@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBARP] Probate Funds - Estate Account - Treasury Bonds?</font>
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<div class="" style="word-wrap:break-word">Dear Listmates,
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<div class="">Probate estate account have close to 900K. We are trying to open additional estate accounts (with a lot of push back from local banks) to reduce the amount in each account to FDIC insured limit.</div>
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<div class="">Estate may need to be open for another 6-12 months. Beneficiaries are foreign nationals and do not want interim distributions.</div>
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<div class="">The idea of estate obtaining a treasury bond has been floated, but I have little faith in such a course of action. </div>
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<div class="">Any ideas about how one can better handle the situation in the current banking/inflationary climate?</div>
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<div class="">Happy holidays, Neli<br class="">
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<div class="" style="font-family:Optima-Regular"><span class="" style="color:rgb(91,210,230); font-size:12px">___________________________________</span></div>
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<div class="" style="font-size:12px; margin:0px"><b class=""><font color="#1b40af" class=""><font class=""><span class=""> Neli Espe, J.D., </span></font><font class=""><span class="">Olympic Legal </span></font></font></b></div>
<div class="" style="margin:0px"><span class="" style="color:rgb(19,63,233); font-family:Eurostile; font-size:12px"> </span><font color="#003649" class=""><span class="" style="font-family:Eurostile; font-size:12px"> </span><span class="" style="font-size:12px"> 360.630.3635</span></font></div>
<div class="" style="margin:0px"><font color="#003649" class=""><span class="" style="font-size:12px">2114 Commercial Ave., Anacortes</span></font></div>
<div class="" style="margin:0px"><span class="" style="color:rgb(19,63,233); font-size:12px"> <a href="http://olympiclegal.com/" class="">olympiclegal.com</a></span></div>
<div class="" style="margin:0px"><span class="" style="color:rgb(27,64,175); font-size:12px"> </span><span class="" style="font-size:12px"><font color="#1b40af" class="">Estate & Business Planning </font></span></div>
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