Jdhog - 9/20/2016 22:03 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? With the fall out of the housing boom/bust - the banks have new regulations to adhere to. With the current farm pricing, most all banks around the nation, are reviewing their loan portfolio's for compliance. They need to have all the T's crossed and i's dotted for the bank examiners - especially farm loans and the loan security . . . . . . You shouldn't be overly concerned if your financial condition is sound . . . . . . . . | 
Bank Problem
