Sentences with phrase «irrevocable trust accounts»

U.S. Accounts / Assets that are ineligible include: insurance products; fixed and variable annuities; 529 College Savings Plans; any retirement accounts including but not limited to IRAs, Keogh, Simple IRAs, and 401 (k) Plans; UTMA and UGMA; commercial accounts; and revocable or irrevocable trust accounts.

HSBC Choice Checking $ 200 Welcome Deposit: For this offer, New Money is defined as deposits not previously held by any member of the HSBC Group in the U.S. Accounts / Assets that are ineligible for New Money include: insurance products; fixed and variable annuities; 529 College Savings Plans; any retirement accounts including but not limited to IRAs, Keogh, Simple IRAs, and 401 (k) Plans; UTMA and UGMA accounts; commercial accounts; and revocable or irrevocable trust accounts and estate accounts.

My grandparents set up an irrevocable trust account that has a few stocks in it.

Not exact matches

To make sure the taxman agrees that your account is really a trust, you should sign an agreement stating that deposits to the account are an irrevocable transfer of property to your child and that you agree to never take the money back or direct what happens to it.

The investment management account can be utilized for traditional investment management needs, IRAs, irrevocable and revocable trusts, charitable trusts, foundations and many other situations.

A deposit account held in connection with an irrevocable trust established by statute or a written trust agreement

The money that is used to purchase the contract is placed into an escrowed trust account — typically an irrevocable trust — and that money makes premium payments to keep the life insurance policy in force until the insured dies.

The money that is used to purchase the contract is placed into an escrowed trust account — typically an irrevocable trust — and that money makes premium payments to keep the life insurance policy in force until the insured dies.