Who is the Public Trustee in Denver CO?
Who is the Public Trustee in Denver CO?
The elected Clerk and Recorder in the City and County of Denver is also the Public Trustee. Notice!
Where can I send a Denver County deed of Trust check?
Checks are to be made payable to Denver County Public Trustee, and certified or issued by a state-chartered bank, savings and loan association, or credit union licensed to do business in the state of Colorado. (See the Fees and Forms page for wire transfer instructions (PDF, 123KB) .)
Can a co-executor and co trustee open a bank account?
Banks don’t like Co-Executors and Co-Trustees: I have had situations arise where two children inheriting a large sum of money tried to open a trust bank account at a bank. The children wanted to make sure they were joint on the trust account.
When to use co personal representatives or co trustees?
A client walks in who wants to create a trust or will and who has two (or more) children. When we get to the question of who will handle the business of a client’s will or trust, the client almost invariably says “I want all of my children to serve together as Co-Personal Representatives (or Co-Trustees or Co-Executors) of my estate.”
The elected Clerk and Recorder in the City and County of Denver is also the Public Trustee. Notice!
Checks are to be made payable to Denver County Public Trustee, and certified or issued by a state-chartered bank, savings and loan association, or credit union licensed to do business in the state of Colorado. (See the Fees and Forms page for wire transfer instructions (PDF, 123KB) .)
Banks don’t like Co-Executors and Co-Trustees: I have had situations arise where two children inheriting a large sum of money tried to open a trust bank account at a bank. The children wanted to make sure they were joint on the trust account.
Can a co trustee sign a dual signature check?
The children were stuck. Neither would relinquish the power to sign on the checks, but the bank would not allow a dual signature check to be issued. This case got very emotional and heated between the children, but the main point here is that Banks are not really set up to handle co-trustee arrangements.