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#710961 - 04/03/07 10:35 PM Conservatorship, Guardianship and Estate Accounts
NeverEndingSupport Offline
100 Club
Joined: Jan 2004
Posts: 207
Alaska
Does anyone see a problem with the name of the conservator, guardian or estate representative appearing on an account agreement in the Owner area following the name of the conservatorship, guardianship or estate name as long as the word 'conservator','guardian' or 'estate representative' appears as well? For example:

John Smith Conservatorship
Mary Smith Conservator

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Operations Compliance
#713237 - 04/07/07 08:57 PM Re: Conservatorship, Guardianship and Estate Accounts NeverEndingSupport
RayLynch Offline
Platinum Poster
RayLynch
Joined: Oct 2003
Posts: 544
No.

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#714990 - 04/11/07 08:42 PM Re: Conservatorship, Guardianship and Estate Accounts NeverEndingSupport
BeachGirl Offline
100 Club
Joined: Sep 2001
Posts: 206
Myrtle Beach, SC
Depending on how your system will report the 1099INT, you may get a B-notice if the name reported as the owner and the reporting SSN do not match.
_________________________
Thanks for all of your help!

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#715759 - 04/12/07 08:43 PM Re: Conservatorship, Guardianship and Estate Accounts BeachGirl
NeverEndingSupport Offline
100 Club
Joined: Jan 2004
Posts: 207
Alaska
We do have an IRS Name Field that we use to adjust the name to match the SSN that will be reported to IRS. Thanks for the input.

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