Is a bank required to have adequate cash (FRN) on hand to cash out a large check?

[marcel]

Yes! That's pretty much what I did. I am one of several beneficiaries yet my name is not listed as owner.

Thanks to everyone who got me going on this. Have learned so much about trusts.

[lorne]

Yes! That's pretty much what I did. I am one of several beneficiaries yet my name is not listed as owner.

Thanks to everyone who got me going on this. Have learned so much about trusts.

Great; glad to hear. When it comes to TRUSTS we're privileged to have some of the best minds on the topic posting here ... on both sides of the coin.