I am the trustee of my parents Revocable Living Trust (which as I understand it, is now Irrevocable since both grantors are deceased)
I have placed the trust monies in conservative, principal preservation investment accounts. However, I also need to set up a checking account so that should my younger sibling require a distribution for her benefit (car, home, etc) I need to set that account up locally , titled as X Family Revocable Living Trust, Dated MM/DD/YYYY, Jane Doe, Trustee.
I need to locate a bank to do this, and thus far have checked only at Chase. They say that they can not set up such an account, even though I have provided them with the Grantors names, proper notarized paperworks showing myself as trustee, the T.I.N. assigned to the trust.
Should this be difficult ?