Yes, the trust is a separate legal entity just like a person, corporation or business and may own bank accounts in its name. In order to open an account, the trust must first obtain a taxpayer ID...
Yes. A garnishment is usually served upon a 3rd party holding assets of a debtor. So if a garnishment is served on a bank where the debtor has an account the bank will have to answer how much are in...
The IRS. Axtually anybody who you we money to and obtains a legal judgment against you. Whoever, most states only alow your account to be garnished if the balance is above a certain level....