Bank name: Charter number: Examination date: Examiner: Account name: Grantor: Account number: Cotrustee: Account type: Account officer: Revocable? Portfolio manager: Tax ID number, if available: Bank’s capacity: New and Successor Accounts Date account accepted: If successor, indemnity in file? Account opening sheet used? Pre-acceptance review date: Acceptance noted in minutes? Customer Identification Program form & OFAC check? Executed document on file? Customer ID determination? Investment Authority Retention Authority Prudent investor rule: General power of retention: Grantor directs: Specific retention provisions: Other (specify): Distributions Termination Income distributions? When? Principal distributions? To whom? Discretionary distributions? Emergency provisions? Synoptic Records Spendthrift clause? Is synoptic sheet accurate? Assets Money market (sweep): Own bank securities/deposits? Fixed income: If so, proper direction? Equities: Any holdings over 10%? Real estate: If so, diversification plan? Miscellaneous: Mutual funds that pay fees? Total: 0% If so, properly disclosed/approved? Liquidity-overdrafts/excess cash? What is investment objective? % Equity % Fixed Special assets? If so, adequately administered? Do assets conform with investment objective? Excessive trading? Investment (Reg. 9) Review Investment review date: Include review of assets per Prudent Investor Rule? Review noted in minutes: Did review identify/address issues? Distributions Were required distributions (i.e., Do discretionary distributions income) made? conform to document?
Bank name: Charter number: Examination date: Examiner: Account name: Grantor: Account number: Cotrustee: Account type: Account officer: Revocable? Portfolio manager: Bank’s capacity: Tax ID number, if available: New and Successor Accounts Date account accepted: If successor, indemnity in file? Account opening sheet used? Pre-acceptance review date: Acceptance noted in minutes? Customer Identification Program form & OFAC check? Executed document on file? Customer ID determination? Investment Authority Retention Authority Prudent investor rule: General power of retention: Grantor directs: Specific retention provisions: Other (specify): Distributions Termination Income distributions? When? Principal distributions? To whom? Discretionary distributions? Emergency provisions? Synoptic Records Spendthrift clause? Is synoptic sheet accurate? Assets Money market (sweep): Own bank securities/deposits? Fixed income: If so, proper direction? Equities: Any holdings over 10%? Real estate: If so, diversification plan? Miscellaneous: Mutual funds that pay fees? Total: 0% If so, properly disclosed/approved? Liquidity-overdrafts/excess cash? What is investment objective? % Equity % Fixed Special assets? Do assets conform with investment objective? If so, adequately administered? Excessive trading? Investment (Reg. 9) Review Investment review date: Include review of assets per Prudent Investor Rule? Review noted in minutes: Did review identify/address issues? Distributions Were required distributions (i.e., income) made? Do discretionary distributions conform to document?
pub-ch-personal-fiduciary-appendix-c-ws.DOCX