Q. Regarding article ID:37 your trust bank account. What exactly is this account used for? Do you have more then one?
A. All of your funds should go through your trust bank account. You only need one trust account.
When someone(tenants) pays you money, they should make the check out to YOU, as Agent. You operate as an agent for the trust and deposit the money into your trust account. Since the check has your name on it, you can also go to their bank and cash the check if you question the availability of funds.
The benefits of the trust bank account are many - a few of the top benefits are estate planning and asset protection