Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can the account owner specify a successor account owner?

account owner specify Successor
0

Yes. The account owner is strongly encouraged to designate a successor account owner. However, a successor account owner cannot be named for an UGMA/UTMA account or an account owned by a trust or other entity. If the original account owner dies or is declared legally incompetent, the designated successor becomes the account owner. If there is no successor account owner, the estate of the deceased account owner becomes the new account owner.

0

to designate a successor account owner. However, a successor account owner cannot be named for an estate of the deceased account owner becomes the new account owner. • Forms IRA Owner – Required Minimum Distribution Request Form ownership or a beneficiary, successor owner, successor custodian or name change CollegeAmerica Successor Owner/Custodian Change Request Form Statement of Additional Information-The Income Fund of America (PDF ) The Income Fund of America Page 1 The Income Fund of America, Inc. Part B Statement of Additional Information May 1, 2009 This document is not a prospectus but should be read in conjunction with the current • Statement of Additional Information-Short-Term Bond Fund of America (PDF ) Short-Term Bond Fund of America Page 1 Short-Term Bond Fund of America, Inc. Part B Statement of Additional Information May 1, 2009 This document is not a prospectus but should be read in conjunction with the Statement of Additional Information-Intermediate Bond Fund of Ameri

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123