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Join Date: Nov 2002
Location: NJ
Posts: 30,117
Quote:
Originally Posted by rfuerst911sc View Post
That is great news . Sounds like you found the right person/people to help navigate the stupidity of the other bank . I find it VERY hard to believe a financial institute can willy nilly close accounts without notification of the account owners .
Apparently labeling the trust as "abandoned" isn't the same as closing the trust. So, the trust as written is still in force and it's just a matter of transferring funds between institutions. Whew!

BTW I'm done with commercial banks.
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Old 05-15-2024, 10:07 AM
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