This is a good problem to have but I as the executor already have two estate accounts up to FDIC limits at separate banks. I will soon be liquidating assets in the low 7 figure range for future distributions. The estate has income so not concerned about limiting income but I want a safe and convenient short term place to park the cash. I have thought about a cash plus account at Vanguard but can’t write checks etc. I don’t want to be sold products or go through a financial planner for such a short time. I could open up several more separate bank accounts but that seems inconvenient. I can’t make distributions yet to lower the amount either. Any other ideas?
Statistics: Posted by Wanderer16 — Sat Oct 26, 2024 8:01 pm — Replies 2 — Views 321