I have contacted a handful of banks with favorable interest rates on savings accounts (I am helping a relative who's looking for complete liquidity), but so far I've only found one (UFB Direct) that will allow the account to be held in the name of her trust. We've opened and funded an account there.
I would rather not have all of her money in one place, so I'm seeking a second bank. I am having a difficult time finding a "high return" bank that will hold the account in the name of her trust.
I do not wish to make her trust the beneficiary of the account, because in that case if she becomes incapacitated the money would be inaccessible unless and until she died. The money's useless to her in that case. I also don't want to hold the account jointly with her or have power of attorney, since I don't want to create any illusion of impropriety that I'm "after her money". I just want to help her.
Any suggestions on where to open another account? The only two criteria are a (relatively) good return on liquid savings, and an account that can be held in the name of her trust.