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Family Trust-Individuals Use Separate SSANs?

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Question: 
John and Cindy both have individual accounts and just created a family trust which has no tax number. Can they use their separate SSANs for the account without adding the other person as joint owner?
Answer: 

If the trust is a revocable family trust (John or Cindy can revoke it at any time), IRS rules treat it as owned by the grantor(s). The Trust can use the SSAN of either of the grantors to open and maintain the account.

First published on 04/14/2019

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