Actors Federal Credit Union Child Performer Trust/Coogan Trust 2008 free printable template
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Dear Prospective Member: In order to open a Child Performer Trust Account (in NY only) or an Organ Trust Account (CA and all other states) with Actors Federal Credit Union, please provide the information
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How to fill out Actors Federal Credit Union Child Performer Trust/Coogan
01
Obtain the Actors Federal Credit Union Child Performer Trust/Coogan application form.
02
Fill out personal information for the child performer, including name, date of birth, and social security number.
03
Provide details of the child's parent or legal guardian, including contact information.
04
Include information about the child's entertainment work, such as contracts and earnings.
05
Sign the application where required, ensuring both the parent/guardian and the child if applicable provide consent.
06
Submit the completed application along with any required documentation to the appropriate department of Actors Federal Credit Union.
Who needs Actors Federal Credit Union Child Performer Trust/Coogan?
01
Parents or guardians of child performers in the entertainment industry who want to manage and protect the child's earnings.
02
Child actors, singers, and performers who work in film, television, theater, or music.
03
Individuals looking to set up a trust account to comply with Coogan laws to ensure financial security for child performers.
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What is Actors Federal Credit Union Child Performer Trust/Coogan?
The Actors Federal Credit Union Child Performer Trust/Coogan is a financial trust specifically designed to manage the earnings of child performers, ensuring that a portion of their income is saved and protected for their future.
Who is required to file Actors Federal Credit Union Child Performer Trust/Coogan?
The parents or guardians of child performers are required to file for the Actors Federal Credit Union Child Performer Trust/Coogan if the child earns above a certain threshold in the entertainment industry.
How to fill out Actors Federal Credit Union Child Performer Trust/Coogan?
To fill out the Actors Federal Credit Union Child Performer Trust/Coogan, parents or guardians should gather necessary information about the child's earnings and complete the appropriate forms provided by the credit union, ensuring all required data is accurately reported.
What is the purpose of Actors Federal Credit Union Child Performer Trust/Coogan?
The purpose of the Actors Federal Credit Union Child Performer Trust/Coogan is to safeguard the financial earnings of child actors, ensuring that a significant portion is set aside for their future use, complying with state laws regarding minors' earnings.
What information must be reported on Actors Federal Credit Union Child Performer Trust/Coogan?
Information that must be reported includes the child's name, date of birth, details of earnings from performances, and any other relevant financial information to ensure compliance with legal requirements.
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