Banking Help

——Rilus Law——

Struggling to Open a Bank Account for a Trust, Estate, LLC, or Business Entity?

If you're reading this, chances are you're already dealing with the frustration of trying to open a bank account for a Trust, Estate, LLC, or business entity. First, let me say: I understand your pain. As someone who has spent countless hours dealing with uncooperative bank policies and misinformed staff, I know how draining this process can be. I’ve even experienced multiple failed trips to the bank myself—despite having all the proper paperwork. And I constantly hear from others who are turned away despite doing everything right.

You’re not alone in this struggle, and while it can feel like an uphill battle, there are steps you can take to advocate for yourself and resolve the issue.

How to Navigate the Process

How to Navigate the Process

  • Unfortunately, it’s not uncommon for banks to require multiple visits and seemingly endless clarification. Be prepared for delays and set realistic expectations—it may take several long trips to the bank before your account is opened

  • Write down the names of the individuals you speak with, their job titles, the date/time of your visit, and exactly what they tell you. This documentation will help if you need to escalate the matter later.

  • If the bank asks for additional documentation, insist that they provide a clear explanation of their requirements in writing. This can save you time and prevent unnecessary misunderstandings.

  • If they demand a letter from an attorney, ask them to confirm in writing that hiring a lawyer is a condition for opening the account. Many times, the following legal documents should suffice:

    For Trusts: A copy of the Trust and proof that you’ve accepted the role of Trustee.

    For Estates: Letters Testamentary or Letters of Administration from the court.

    For LLCs/Businesses: Business formation documents.

    Tax ID Number: An IRS-issued Tax ID (EIN) or your Social Security Number, depending on the entity.

  • Calmly but firmly remind bank staff that the documents you’re providing are legal proof of your authority. If necessary, ask to speak with someone more experienced, such as a manager or specialist in business accounts.

When You Need Professional Help

If you’ve followed these steps and still find yourself stuck, we’re here to help. However, it’s important to know that even when we’re involved, banks may still cause delays or reject accounts—we share in your frustration.

Our services for assisting with bank account issues require a retainer of:

  • $2,000 for existing Dana/Rilus Law clients

  • $3,000 for all other clients

This retainer will be billed against our hourly rates, but the minimum fee is $1,000, regardless of how much time the process takes. This ensures we can dedicate the necessary time and resources to assist you effectively.

The retainer covers reviewing your situation, drafting any required letters, and advocating with the bank on your behalf.

Rilus law team

A Friendly Reminder

We are happy to guide you through this process, but please note: if you need legal advice or require us to draft letters or contact the bank, you must retain us first. These services fall outside of general guidance and require a formal attorney-client relationship

formal attorney-client

Final Thoughts

We know how exhausting this process can be, and we sympathize with the time and energy you’ve already spent trying to get things done. We hope this guide helps you navigate the process with confidence and resolve the issue without needing additional help.

If you do decide to hire us, we will work hard to assist you in overcoming the obstacles. Please don’t hesitate to reach out if you need support.

What Our Clients Say About Us

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    “Wonderful experience working with them after my Mom’s passing. They were able to answer all my questions and immediate needs.”

    Kerry K.

  • Google logo with five gold stars underneath

    “My husband and I used Rilus Law to set up a trust for our daughter. Very knowledgeable, professional, and really seemed interested in helping you. Everyone we worked with was very customer-oriented and professional. We highly recommend Rilus Law for your estate planning.”

    Lindsey Beumer

  • Google logo with five gold stars below it.

    “Went to Rilus Law for a trust checkup. Rilus Dana is very professional, trustworthy, and honest. I recommend Rilus Law for all my legal help.”

    Michael A.

  • Google logo with four gold stars underneath.

    “Professional, friendly, and very accommodating. I was on a time restriction and Rilus Law sped up the process to meet my scheduling needs. A great team, super positive, and a pleasant experience from all levels in the organization. I would highly recommend.”

    Troy K.