We have been asked to open an account for some attorneys that will be trustees of the account. The account is for the purpose of selling several parcels of real estate for two parties in a divorce. The funds are to be obtained from the sales and distributed after all properties are sold to the two individuals getting a divorce. There is a court order for the attorneys to open the account for this purpose.

CIP requires SS# on the customers opening the account -the attorneys. But they want the bank to use the SS# of the individuals. Is this possible under CIP?

These are two separate issues. Think about the case of the UTMA account. Your customer is the custodian, and you get the custodian's SSN for the purposes of CIP. But the beneficial owner of the account (and the party responsible for taxes on the income) is the minor, so you also obtain the minor's SSN for 1099-INT purposes.

Your case is no different. You get ID on your customer under the CIP rules. But you also obtain and use the TIN of the beneficial owner of the account for tax reporting purposes.