answersLogoWhite

0

No, TD Ameritrade does not clear through Northern Trust Co. TD Ameritrade primarily clears its trades through its own clearing firm, TD Ameritrade Clearing, Inc. This allows them to handle transactions and custody of assets directly for their clients. Northern Trust Co. is a separate entity that provides different financial services, including asset servicing and investment management.

User Avatar

AnswerBot

4mo ago

What else can I help you with?

Continue Learning about Finance

You were the grantee in a deed of trust. The original owner has died. Are you now the owner of property?

You need to review the terms of the trust. If your name is on a deed of trust then you must be the trustee. You need to review the terms of the trust to determine the status of the property now that the trustor has died. You should consult with an attorney who can review the land records to determine the status of the title. If the title is not clear you cannot sell or mortgage the property.


Where can one get a clear credit card?

One can get a clear credit card through most banks or other financial providers. If one is looking for a clear credit card; it is best to shop around to find the best rate.


Is the trustee of an irrevocable trust responsible for paying from the trust debts incurred by the deceased beneficiary?

Generally, no. Trust law is a very complicated category of law so this question can only be addressed in very general terms. A trust is administered by a trustee. Every trust is different. A well written trust will contain a provision that directs where the trust property will go upon the death of the beneficiary and the trust will terminate. Trusts do not generally allow the trust property to become part of the beneficiary's estate. Generally the beneficiary is allowed to receive the income from the trust during their life and upon their death the trust property is distributed to their children or other family members free and clear of the trust. You would need to review the provisions of the trust to determine what happens to the trust property upon the death of the beneficiary. If there is no such provision an equity petition must be presented to the court asking for guidance. Generally the petition explains the defect in the trust and may also contain evidence concerning what the trustor intended but failed to state in the trust document. A judge will review the trust and issue a decision. A beneficiary-decedent's estate is administered by a court appointed Executor or Administrator. That is a separate proceeding and the Executor or Administrator has no authority to reach into the trust for funds to pay the debts of the decedent. In fact, the purpose of a trust is generally to protect and preserve assets.


Can a husband be trustee and the wife beneficiary?

Yes, a husband can serve as a trustee while his wife is the beneficiary of a trust. This arrangement is common in family trusts, where the trustee manages the trust assets for the benefit of the beneficiary. However, it's important to ensure that the trust's terms are clear and that the trustee acts in the best interest of the beneficiary to avoid potential conflicts of interest. Consulting with a legal professional is advisable to ensure compliance with relevant laws and regulations.


Why it is important to have a clear refund and cancellation policy?

A clear refund and cancellation policy is essential for building trust and transparency between a business and its customers. It sets clear expectations, reducing the likelihood of disputes and misunderstandings. Additionally, it helps businesses manage their finances and resources more effectively by outlining the procedures and timelines for refunds or cancellations. Ultimately, a well-defined policy enhances customer satisfaction and loyalty.

Related Questions

Where is clear lake?

Clear Lake is a city in Cerro Gordo County in northern Iowa.


Are we ever obligated to trust our emotions without any clear supporting evidence?

We are never obligated to trust our emotions, even withclear supporting evidence. However, it seems we often do trust our emotions even when that is contrary to clear supporting evidence that we should not.


What country can you see from Islay on a clear day?

On a clear day, you can see the coast of Northern Ireland from Islay, Scotland. The distance between the two is around 25 miles across the North Channel.


What is transparet?

Transparency is the quality or condition of being easily seen through, detected, or understood. It implies openness, clarity, and honesty in communication, actions, or decisions. It is crucial in building trust between individuals, organizations, or governments.


Who sells seneca cigarettes in northern California?

robertson's casino by clear lake


What happens in sex in VERY clear detail everything?

you don't want to know, trust me.


How big is Clear Lake in Iowa?

Clear Lake is a city in Cerro Gordo County in northern Iowa.


Why clients should trust?

Clients should trust a service or product provider when they demonstrate transparency, reliability, and a proven track record of delivering quality results. Positive testimonials, industry certifications, and clear communication can further reinforce this trust. Additionally, a commitment to customer satisfaction and responsiveness to feedback helps build a strong, trustworthy relationship. Ultimately, trust is established through consistent, positive experiences that meet or exceed client expectations.


Can you have a simple sentence using the word engender?

In relationships, honesty and clear thinking engender trust.


Does light pass through a clear glass?

YES, maybe you can look through it and you will see it. A clear glass is transparent and you can see through transparent things


How do you clean trout?

Sort of like a walleye or a northern pike. Just watch out for clear bones in them.


Why can light pass through clear objects?

Light can pass through clear objects because these objects are made up of materials that do not absorb or reflect light significantly. Instead, light is able to travel through the material without being scattered or absorbed, allowing it to pass through and transmit its energy to the other side.