Personal Investments • TresuryDirect trust account setup

Read the Registration and Joint sections again. You can abbreviate the registration, and you'll need to send documents for an "and" trust. They also link to the TD instructions. It's everything you need.

Thanks much. I am now able to create a trust account. Note that the although the Trust account has AND in the registration name, there is another note that allows trustee to operate independently. Specifically this is the wording,
I am sending out the trust certificate doc to Treasury Direct for validation. Based on the blog post, it seems like we can buy the bonds even before sending docs (and confirming the validity).

Go ahead and try it. If they require documentation right away before you get to buy bonds, you can’t escape it. Otherwise you can mail in the documents after you buy bonds. See the official instructions for what documents they need and where to mail them.

https://www.treasurydirect.gov/indiv/he ... .htm#Trust

I wonder what happens if the trust account is deemed not eligible to buy the Bonds after purchase has been made. Would the I-bond be liquidated and $ returned to us?

Statistics: Posted by shriram — Mon Dec 18, 2023 12:05 am — Replies 4 — Views 486

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