How do I remove a custodian from the account of a minor who has reached the age of majority?

account age custodian minor remove

The custodian or former minor must complete the Letter of Instruction for Transfer Request assigning the shares to the former minor. A Medallion Signature Guarantee is not required as long as the shares are being registered only to the minor. A certified copy of the minor’s birth certificate must be submitted with the Letter of Instruction for Transfer Request, together with the relevant stock certificates. [return to top] At what age can a minor become the only name on the registration? The “age of majority,” which controls the age at which an individual may hold securities in his/her own name, varies among the states. Please contact your state for this information.

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