Re: making the move to Keypoint

[robert <http://dummy.us.eu.org/robert>]

Are we opening a savings account at Keypoint this morning?

 > From: robert <http://dummy.us.eu.org/robert>
 > Date: Fri, 20 Jul 2018 08:22:53 -0700
 >
 >  > From: Noelle <noelle>
 >  > Date: Fri, 20 Jul 2018 07:55:41 -0700 (PDT)
 >  > Subject: Re: adding trust to existing credit union accounts (fwd)
 >  >
 >  >  > From: John Fraker <http://www.ainerfraker.com/~john>
 >  >  > Date: Fri, 20 Jul 2018 00:03:21 +0000
 >  >  > 
 >  >  > Hi Noelle,
 >  >  > 
 >  >  > It won't necessarily go through a full Probate - there is a small estate 
 >  >  > affidavit procedure for total assets outside the trust of $150k, but it 
 >  >  > requires your beneficiaries to wait 40 days after your death to access it.  
 >  >  > I also like to reserve that for larger assets that may have been overlooked.
 >  >  > 
 >  >  > http://www.courts.ca.gov/10440.htm
 > 
 > Ah, yet more paperwork.
 > 
 > Do you think we should do this for both your checking and savings
 > accounts?  Or, just your checking account, assuming that you'll move only
 > your savings account?
 > 
 >  >  > Also, your Trust won't have access to it during your life/incapacity 
 >  >  > situation.
 >  >  > 
 >  >  > It's simplest just to move it all to your husbands credit union (or similar
 >  >  > institution).
 > 
 > I'm wondering if it would make sense to open both a checking and savings
 > account at Keypoint.  Then, you could slowly transition to the checking
 > account at Keypoint over the next few years.
 > 
 > Thoughts?
 > 
 >  >  > Best,
 >  >  > 
 >  >  > John Erik Fraker, Esq.
 >  >  > 
 >  >  > Ainer | Fraker, LLP
 >  >  > Attorneys at Law
 >  >  > A Limited Liability Partnership
 >  >  > 
 >  >  > Office: (800) 775-7612
 >  >  > Cell: (408) 647-4242
 >  >  > Fax: (408) 777-0746
 >  >  > 
 >  >  > www.AinerFraker.com<https://mail.ex3.secureserver.net/owa/redir.aspx?C=1jX1_4wgiEmaTDs5Y2h_A4PF3O_57s8IQvKr3PaH-ILCzpjLSkwB3VyDaUYRCvVQXP9rIlHfb_Q.&URL=http%3a%2f%2fwww.ainerfraker.com%2f>