What are the responsibilities for the trust company and for me concerning a Self-Directed IRA?
A self-directed IRA can be set up as either a trust or custodial account. The language used in the Agreement, made between you and the trust company, determines the responsibilities for each party. The agreement should specify what each party agrees to do in respect to the investment and/or assets in the account. You should read your Agreement carefully to determine your responsibility concerning your IRA.