Is a custodian of a minor's account considered a person on whose behalf a reportable transaction is completed on a CTR? We have a situation where someone came in and deposited over $10,000 into the minor's account. The conductor is neither the minor or the custodian. I know that we have to include the conductor and the minor on the CTR. But do we have to include the custodian?
When filing a CTR on an IOLTA account, do I need to include the benefiting client's information on the CTR if the Client is incapacitated?
Can a conservator request information pre-dating their appointment?
Should our trust dept allow transfer from a self directed IRA to an attorney's IOLTA account for an investment when there is no fiduciary relationship with the attorney?
How does a conservator need to sign documents on behalf of a protected person? Do they need to sign their name and title or just their name?
We have a client who has a special needs trust, of which we are the trustees. We were served a federal levy against the SNT. Should this be allowed?
Can a person signing as an A-i-F on an account be added as a POD beneficiary on the same account?
On ILUTMA accounts, can the custodian have their paycheck direct deposited into the account?
We have a representative payee account where the representative will sign a blank check drawn on the representative payee account and then give it to the beneficiary, who will then come into the bank and cash it. Are we ok to give a balance to the beneficiary and are we ok in cashing a for the beneficiary?
We had a customer come in and make a deposit over 10K to a custodial account on which she is not a signer. Whose information do we place in Section A of the CTR: the custodian's or the minor's?