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What documentation must I provide to confirm accreditation if I am investing on behalf of my trust?
What documentation must I provide to confirm accreditation if I am investing on behalf of my trust?
Tiffany T avatar
Written by Tiffany T
Updated over 2 years ago

If you're verifying the accreditation of a revocable trust; The accreditation of the grantor must be accredited via one of the following options:

  • Third party: you can submit a verification request through the Yieldstreet system to a third party such as your CPA or lawyer who will validate your status on your behalf

  • Income: if you qualify based on income (requirement is $200K/year for the past two years as an individual, or $300K/year if joint), you can upload your W-2 documents for the two most recent tax years

  • Net Worth: if you qualify based on net worth (required to meet or exceed $1M), you can upload bank/brokerage statements that show assets as well as a credit report to show liabilities

  • CRD number: if you qualify by currently holding a Series 7, Series 65, or Series 82 license in good standing, you can submit your CRD number.

If you're verifying the accreditation status as an irrevocable trust:

  • All beneficiaries must be accredited, or

  • Trust statements must be provided that confirm assets in excess of $5M.

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