Account Estate Bank For 16 Year Old In Utah
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FAQ
In the United States, the minimum age for opening a bank account is typically 18 years old. However, some banks may allow minors to open accounts with the consent of a parent or guardian.
Can a minor open a checking account without an adult co-owner? Minors 17 years and older or older can open a checking account individually or with an adult co-owner. Minors 13-16 must have an adult co-owner.
For example, if you are 16 or 17 years old, have proof of identification, and can show a source of income, some banks may offer you something called a “noncustodial” account. This means that you won't need a parent or guardian's signature to open and control the account.
What Do I Need to Do When I'm Opening an Estate Bank Account? The death certificate. The person's Social Security number. An Employer Identification Number for the estate, since the estate is considered a separate entity — it's not the same as the person who died. Other documents needed by your bank.
