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Addendum Regarding Blocked Account, Annuity, or Trust Deposit - King County, Washington
Addendum Regarding Blocked Account, Annuity, or Trust Deposit is a legal document that was released by the Superior Court - King County, Washington - a government authority operating within Washington. The form may be used strictly within King County.
FAQ
Q: What is a blocked account?
A: A blocked account is a type of bank account where funds are restricted and cannot be accessed without proper authorization.
Q: What is an annuity?
A: An annuity is a financial product that provides periodic payments to an individual over a specified period of time.
Q: What is a trust deposit?
A: A trust deposit is a deposit made into a trust account that is managed by a trustee for the benefit of a beneficiary.
Q: What is the Addendum Regarding Blocked Account, Annuity, or Trust Deposit in King County, Washington?
A: The Addendum Regarding Blocked Account, Annuity, or Trust Deposit is a legal document that outlines the requirements and procedures for depositing funds into a blocked account, annuity, or trust deposit in King County, Washington.
Q: What are the purposes of a blocked account?
A: A blocked account can be used for various purposes such as child support payments, court-ordered deposits, or to protect funds from being spent irresponsibly.
Q: How does an annuity work?
A: An annuity works by investing a lump sum of money in an insurance product, which then makes regular payments to the individual for a specified period of time.
Q: Who manages a trust deposit?
A: A trust deposit is managed by a trustee, who is responsible for holding and distributing the funds according to the terms of the trust agreement.
Q: What are the requirements for depositing funds into a blocked account, annuity, or trust deposit?
A: The specific requirements for depositing funds into a blocked account, annuity, or trust deposit may vary, but typically involve submitting the necessary documentation and complying with any applicable legal or regulatory requirements.
Q: Can funds in a blocked account be accessed at any time?
A: No, funds in a blocked account can only be accessed with proper authorization, such as a court order or approval from the account holder.
Form Details:
- Released on September 1, 2016;
- The latest edition currently provided by the Superior Court - King County, Washington;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Superior Court - King County, Washington.
