Is an affidavit of domicile required to close an investment account?

Full question:

Do I need an affidavit of domicile to close an investment account?

  • Category: Forms
  • Date:
  • State: Washington

Answer:

If you are closing an investment account that involves stocks or mutual funds, you typically need an affidavit of domicile. This document verifies your legal residence and is often required for the account closure process.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

The affidavit of domicile serves to confirm an individual's legal residence. It is often required in legal processes, such as closing investment accounts or transferring assets after someone's death. This document helps establish where a person lived at the time of their passing, which can affect the distribution of their estate.