You don’t have to be a millionaire to set up a Trust Account. With only a $25 minimum to open a Trust Account, you can in most cases protect your beneficiaries from the difficult process of probate or navigating confusing tax laws.
Why a Trust Account?
Trusts are designed to help your loved ones get faster access to your funds, and can possibly help them avoid taxes. Trusts also offer an increased level of privacy, since probate is public record. By creating a Trust, you’re also in full control of how your funds will be distributed and when.
- $25 minimum to open
- No monthly service charges
- Earns View rates Annual Percentage Yield (APY+) on balances of $100 or more
- Full control over disbursement
- Can be arranged in many ways and can specify how and when the assets pass to beneficiaries
- Access to deposited funds when you need it
- Available funds can be used for overdraft protection for checking
- Funds can be used for automatic loan transfer payments
Affordable Share-Secured Loans
If you need an affordable loan, you can always use the balance of your Trust Account for a Share-secured Loan.
