Choose a type of trust account to open.

Applying for a two co-trustee account? Here are the things you need to get started:

Step 1: Confirm that the trust is revocable.

Step 2: Ensure the grantor(s)—the individual(s) funding the trust—and the trustee(s)—the individual(s) managing the trust—are the same person(s).

Step 3: In order to qualify for this account, the trust must have been established in the U.S. and all trustees must be U.S. residents.