What is required on a garnishment for identification of the defendant? Can it be birth date and Social Security number?
A revocable (living) trust's settlors/trustees have resigned as trustees yet remain alive. Do new successor trustees have to apply for an EIN # for trust instead of using social security number of settlors?
If a parent has a SSN and his child is a foreign national (no SSN) can the father open an UTMA account using a W-8?
Can you open a savings account for a minor that is not titled as a UTMA account? The account will be set as a joint account with the parent, and the minor will not have signing authority until he/she reaches the age of 18.
We have a Canadian person that wishes to open a checking account with us. This person has a passport but is not eligible to obtain an SSN in the US. What unique identifier do we use in place of the SSN? Should they apply for an ITIN or complete the W8 form?
A joint account with right of survivorship that has a deceased primary owner: What are the ramifications of reporting interest earned on a deceased primary owner's SSN when an account has a surviving joint owner? Who is liable for these ramifications - we, the institution, or the surviving owner(s)? When a primary owner dies, we request that the surviving owner(s) close the existing account and re-open a new one in their name, but we don't REQUIRE it. Are we doing something wrong?
An account owner dies with a beneficiary. A check is brought in by the beneficiary payable to the estate. Must the account be changed to an estate account with an estate EIN or can the individual's account be changed to an estate account using their SSN for a short time?
Can a Proprietorship title their bank account in their business name using their EIN and not list the owner's name? The Assumed Name Cert. states the Business with be conducted as ABC Group.
When opening an account with a rep payee, what is the correct way to title the account and who would be considered primary account holder?
What is the reason for using an SSN on a sole proprietorship account vs an EIN? Can either be used?