As to your question on debit cards for trust and estate accounts, we are not aware of any laws that would prevent a bank from issuing a debit card for such accounts. For example, if a customer has the authority under a trust agreement to use the trust funds for any purpose, we do not see any problem in allowing the customer to use checks or a debit card to transfer trust funds. We also do not see any problems with placing the name of the beneficiary who will be using the account funds on the checks and debit cards. 

Note that Regulation E’s rules would not apply to the debit card transactions. 12 CFR 1005.2(b)(1). However, you may want to check your account agreements with the trust to ensure that the bank has not committed itself to following Regulation E rules.