How to Cash Checks Made Out to Revocable Living Trusts

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Treat checks made out to a revocable trust as a check made out to a business account for cashing purposes.

Revocable living trusts generally open bank accounts to handle any cash assets controlled by the trust, as well as to provide an account for handling any administrative costs of the trust. This account is controlled by the trustees, with one or more of the trustees established with the bank account as possessing check-signing authority. Only those trustees with this authority can handle any transaction that involves removal of funds from the account, including cashing checks made out to the account. As long as signing authority is present, though, the trustee can cash the check by deposit and withdrawal, removing cash from the account as authorized.