In order to be accredited, your irrevocable trust must have $5M in total assets.
There are 2 types of evidence we can accept, outlined below.
1. Accreditation by Assets
- Preferred forms of evidence include, but are not limited to:
- Bank account statements (please note that we are not able to accept balance letters).
- Brokerage statements.
- Audited financial statements in the name of the entity.
- We can consider private equity holdings if we receive recent evidence of ownership alongside a 409A valuation dated within the last 12 months.
- We can accept crypto holdings, provided the trust name is listed on the evidence.
2. Accreditation by Third-Party Attestation Letters (this is the recommended method for fastest verification)
All attestation letters must contain the required language. We recommend using or reviewing our accreditation letter templates, or the linked DocuSign below.
Third-Party Attestation to Assets
The attestation to your irrevocable trust's assets must be dated within the last 90 days, and completed by one of the following:
- Licensed Attorney OR
- SEC- or state-registered Investment Adviser OR
- FINRA member Broker-Dealer OR
- Certified Public Accountant (CPA). This does not include IRS Enrolled Agents.
Our accreditation verification process allows you to trigger an automated email to your verifier that is pre-populated with the required confirmation language for them to complete the verification. Alternatively, a DocuSign for a third-party attestation to the trust’s assets can be found here.