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10 Enclosure No. 10(20) (Stamp Duty Baht 20). Proxy Form C.((Custodian)
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How to fill out custodian
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To fill out a custodian, follow these steps:
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Obtain a custodian form from the relevant institution or organization.
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Fill in your personal information, such as your name, address, and contact details.
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Provide details about the person or entity you are appointing as your custodian, including their name and contact information.
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Specify the duration of the custodianship, if applicable.
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Clearly state the responsibilities and powers of the custodian, including any restrictions or limitations.
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Who needs custodian?
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Custodians are typically needed in the following situations:
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- Minors who require a responsible adult to oversee their financial or personal affairs until they reach adulthood.
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- Individuals who are unable to manage their own assets or make sound decisions due to physical or mental disabilities.
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- Trusts or estates that require a designated party to handle the administration and distribution of assets.
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- Organizations, such as schools or libraries, that need responsible individuals to safeguard their facilities or resources.
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- Any individual or entity seeking to ensure the safekeeping and proper management of valuable assets.
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What is custodian?
A custodian is an individual or entity that holds and safeguards assets or records on behalf of another party.
Who is required to file custodian?
Entities or individuals that manage or oversee custodial accounts are typically required to file custodian reports.
How to fill out custodian?
To fill out a custodian report, one must provide detailed information about the assets held, account numbers, and the beneficial owners.
What is the purpose of custodian?
The purpose of a custodian is to protect and manage assets, ensuring compliance with regulatory obligations and providing accurate records of ownership.
What information must be reported on custodian?
Reports must include details such as asset types, amounts, ownership details, transaction histories, and any relevant identification information.
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