A copy of the client's signed Social Security card (some exceptions apply) . Note: The client's name on the trust documents must match their Social Security Card. Please contact CPT if this is an issue.
All funds must be sent directly to the custody agent designated below. Do not mail funds to our offices.
Failure to complete the steps above will result in funding being returned
Important Note: Trust setup and administration fees will be taken from trust corpus upon funding. There is no need to send separate payment.
Bank: Citibank NA Address: 111 Wall Street, New York, NY 10005
ABA/Routing Number: 021000089 FBO: Charles Schwab & Co., Inc. Account Number: 4055-3953
For Further Credit To:CPT Institute as TTEE FBO [Client's Legal Name]
Physical Check Instructions
Make checks payable to: CPT Institute as TTEE FBO [Client's Legal Name]
Send Check To: Charles Schwab & Co., Inc. 1945 Northwestern Drive El Paso, TX 79912
Reminder: All checks and annuity payments must be titled the same. No fee payment required in advance. The trust setup fees and the first year’s administration fee will be taken from trust seed money. Please make sure that the name on the payee line match the client's Social Security card.
Available upon request. Please contact your assigned Trust Officer/Case Manager for further instructions.