California | Wills and Trusts
Legal Question
How do I set up a trust account at a bank for people to donate money to?
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Legal Answer
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Read More Answered By: Scott Linden |
Are you referring to a non-profit organization or a CA not-for-profit one? Anyone can deposit to any bank account, it's the withdrawls that are more protected.
The question is a little confusing. Are the people who deposit supposed to receive a tax deduction, or the like?
Please provide more information.
If you would like to discuss this matter further in a more private forum, please feel free to contact me directly at the email address provided by LawGuru or through our firm’s website located at PasadenaEstatePlanning.com
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