Washington Receipt for Blocked Account (Minor) (GR-8) is a form issued by the Washington State Department of Financial Institutions (DFI) to document the receipt of funds on behalf of a minor. This form is used to document the transfer of money, securities, or other assets from an adult to a minor for the purpose of setting up a blocked account. The form is used to document the transfer of funds, securities, or other assets from an adult to a minor for the purpose of setting up a blocked account. The account is used to provide financial security for the minor until they reach the age of majority. There are two types of Washington Receipt for Blocked Account (Minor) (GR-8): Washington Receipt for Blocked Account (Minor) with Trust Company (GR-8T) and Washington Receipt for Blocked Account (Minor) without Trust Company (GR-8NT). GR-8T is for situations where the minor's funds are being placed in a trust company, and GR-8NT is for situations where the minor's funds are being placed in a bank, credit union, or other financial institution that is not a trust company. The form includes the parties involved in the transfer of funds, the amount of money being transferred, the date of transfer, and other important information. It is important that the form is filled out accurately and completely to ensure that the minor's funds are kept safe and secure.
Washington Receipt for Blocked Account (Minor) (GR-8) is a form issued by the Washington State Department of Financial Institutions (DFI) to document the receipt of funds on behalf of a minor. This form is used to document the transfer of money, securities, or other assets from an adult to a minor for the purpose of setting up a blocked account. The form is used to document the transfer of funds, securities, or other assets from an adult to a minor for the purpose of setting up a blocked account. The account is used to provide financial security for the minor until they reach the age of majority. There are two types of Washington Receipt for Blocked Account (Minor) (GR-8): Washington Receipt for Blocked Account (Minor) with Trust Company (GR-8T) and Washington Receipt for Blocked Account (Minor) without Trust Company (GR-8NT). GR-8T is for situations where the minor's funds are being placed in a trust company, and GR-8NT is for situations where the minor's funds are being placed in a bank, credit union, or other financial institution that is not a trust company. The form includes the parties involved in the transfer of funds, the amount of money being transferred, the date of transfer, and other important information. It is important that the form is filled out accurately and completely to ensure that the minor's funds are kept safe and secure.
