Utah Acknowledgement of Restricted Account is a document used in Utah to acknowledge the existence of a trust, conservatorship, guardianship, or other restricted account. It is filed with the court or other appropriate administrative body to ensure that the funds in the account are used for the purposes intended by the granter. The document includes the name of the granter, the name of the beneficiary, the name of the trustee, the date of the account, and the purpose of the account. There are two types of Utah Acknowledgement of Restricted Account: a simple restricted account and a complex restricted account. A simple restricted account is used for a single beneficiary with no restrictions on how or when the funds in the account can be spent. A complex restricted account includes more specific instructions on the use of the funds, such as the time period and the purpose for which the funds are to be used.
Utah Acknowledgement of Restricted Account
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How to fill out Utah Acknowledgement Of Restricted Account?
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