Questions about taxes related to your Acorns Accounts? Visit our Tax FAQs to learn more or review our tax schedule and access your tax forms, when available.

Can I change the name on my account to the name of my Trust or add my Trust as a beneficiary?

Article author
Devon
  • Updated

You cannot change the name of your Acorns account with the name of your Trust. Acorns is an individual investment account that must be in your name and contain your Social Security Number. Additionally, we are unable to transfer ownership of this account to a living trust or to anyone else other than the account holder who currently has ownership of the Acorns account. That being said, a customer is able to make their living trust a beneficiary.

You can however list your Trust as a beneficiary. All you need to do is fill out the beneficiary form. You can find the beneficiary form here. When you download the form, please make sure you fill out ALL of the necessary information, including the Tax ID Number or Social Security Number. 

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