Client Onboarding Requirements: Technical Documentation
- Why is Form 8802 necessary? Can the W-9 suffice?
- I’m not sure how to complete sections 4 and 5 on Form 8802.
- If I file my IRS Tax Return jointly with my spouse, should I enter my spouse’s information on the 8802? Are they required to sign?
- How often do these documents (Form 8802 and POAs) need to be updated?
- Two individuals are named on the account. Do they both need to sign the documents? If so, must both signatures be notarized?
- Why do I need to provide the IRA 5305 Form?
- What is the German questionnaire? Is it required if the client does not hold German securities?
- What is the Swiss questionnaire? Is it required if the client does not hold Swiss securities?
- What is the Japanese questionnaire? Is it required if the client does not hold Japanese securities?
- What is a Governmental Letter? Does it suffice as a formation document for governmental entities?