Patrick Devine on EIN Trusts It’s important to note that, the 98 EIN is NOT a common law family or business trust. It’s just a number that can be associated to a Family or Business trust, but an EIN is NOT a trust. Devine said, one can use the Letter of Credit to RELEASE FUNDS, using your 98 EIN. This is because, the 98 EIN is the routing number to draw funds out of your account.
Patrick Devine on EIN Trusts
It’s important to note that, the 98 EIN is NOT a common law family or business trust. It’s just a number that can be associated to a Family or Business trust,
but an EIN is NOT a trust.
Devine said, one can use the Letter of Credit to RELEASE FUNDS, using your 98 EIN. This is because, the 98 EIN is the routing number to draw funds out of your account.
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