Custodian Consent Form is a 1-page legal document that was released by the Financial Industry Regulatory Authority (FINRA) and used nation-wide.
Q: What is a custodian consent form?
A: A custodian consent form is a document that grants permission to someone to act as a custodian for a minor or their assets.
Q: When is a custodian consent form needed?
A: A custodian consent form is needed when a minor or their assets require a legal guardian or caretaker.
Q: Who can sign a custodian consent form?
A: The legal guardian or parent of a minor can sign a custodian consent form.
Q: What information is typically included in a custodian consent form?
A: A custodian consent form typically includes the names of the custodian and minor, the duration of the custodianship, and any specific responsibilities or limitations.
Q: Are custodian consent forms legally binding?
A: Yes, custodian consent forms are legally binding documents.
Form Details:
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