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hi im mario correa and when our clients get appointed as trustee when they get appointed as a guardian executor or some other office a fiduciary office one of the most important first steps is to start gathering assets and you need to do so by using an account in the name in the appropriate name so for our trust it would be in the name of the trust so what you do is when you open that account youre either going to go to a bank or financial institution and youre going to open an account very important what youre signing is called whats called a deposit agreement and that deposit agreement we want to make sure we use the right name dont use your own name rather use the name for who youre representing when you do that correctly then youre off to a great start if you have any questions give us a call at eighty five 773-489-8500
