Trust Account For Child Performer

State:
Texas
Control #:
TX-E0178C
Format:
Word; 
Rich Text
Instant download

Description

The Trust Account for Child Performer form is designed to facilitate the establishment of a trust account dedicated to managing the earnings of child performers. This form allows parents or guardians to assign rights to a trust, ensuring the financial security and proper management of a child's income from performances. Key features include the assignment of various types of accounts such as checking and savings accounts, ensuring that funds are titled in the name of a designated trustee. Clear instructions are provided for filling out the form, including spaces for necessary signatures and the acknowledgment by a notary public. It is pertinent for attorneys, partners, owners, associates, paralegals, and legal assistants who work with clients in the entertainment industry, particularly those related to minors. This form aids in protecting a child's financial interests while complying with legal requirements. Additionally, it can be utilized in scenarios like receiving and managing income from acting, music, or other performance-related activities involving minors.
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Trust Account For Child Performer