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Bank Problem
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Jdhog
Posted 9/20/2016 22:03 (#5540357)
Subject: Bank Problem


S.W. Minn.
I have a revocable living trust. All vehicles and land are in the trust. Also bank accounts, dividends, ect. are in the trust. All my machinery and crops (grain) are personal property. That is what I use for collateral for operating loan at the bank. Now the bank wants a copy of the trust. It's about 200 pages long. None of my collateral is in the trust. It's all personal property. Why the need for a copy of the trust?
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