What is a financial investor? What is a financial planner? What do banking managers do? What does a bank underwriter do? What are financial managers? What is a financial analyst? In finance, what is a custodian? What is a business broker?
What type of account is cash? What are bond funds? What is a mortgage bond? What is a bank IBAN number? What is a comptroller? What is a savings bond? What is treasury stock? In finance, what is a custodian? What is the solvency of a company?
Although anyone may contribute to a custodial account, control of the account is managed by the custodian. Once the minor beneficiary reaches the age of majority (as determined by the state), the custodian can transfer the funds in the account over the funds to the minor. Types of Custodial ...
: The Public Trustee administers a trust established for a disabled child, ensuring that the funds are used appropriately for the child’s care, education, and welfare. Understanding the role and importance of the Public Trustee highlights their critical function in safeguarding the interests of vul...
A trustee acts as a custodian for a trust. Almost anyone can be a trustee, as long as they accept the responsibilities that come with managing the trust..
What X.X. Xxxxxx is Required to Do. 2.1 The Services (a) The Customer hereby appoints X.X. Xxxxxx to act as sub-administrator, and to provide the Services, with respect to each of the Funds and X.X. X...
Is it possible for my grandparents to take the money away that they've been saving in my trust fund all these years? Bymgarrow09— On Jan 15, 2009 well, i was adopted when i was like 3 months old from Tuscan, Arizonia. im currently living in skaneatleles ny. i was told i receive...
An IRA custodian is usually a financial institution, such as a bank or a brokerage, entrusted with the responsibility of safeguarding the assets of a client's Individual Retirement Account (IRA). According to the rules set by the Internal Revenue Service (IRS), an IRA custodian must be an ...
Custodian: A person or entity responsible for holding or managing property for the benefit of another. Trustee: A person or entity holding and managing assets for the benefit of beneficiaries under a trust agreement. Fiduciary: A person or entity holding a position of trust and confidence, with...
A trust company is a legal entity that acts as a fiduciary, agent, or trustee on behalf of a person or business. It is retained for the administration, management, and eventual transfer of assets to a beneficiary or beneficiaries. The trust company serves as a custodian for trusts, estates...