Disqualified Persons

Disqualified persons and entities include:

• The account holder (you)
• The account holder's linear ascendants (parents, grandparents, etc.)
• The account holder's linear descendants (children, grandchildren, etc.)
• Spouses of the aforementioned individuals
• Fiduciaries to the account (accountants, financial advisors, attorneys, etc.)
• Tax-advantaged savings accounts held by any of the aforementioned individuals
• Businesses or entities owned or controlled by any of the aforementioned individuals
• Other individuals or entities may be disqualified as well. Contact New Direction Trust Company for more information

Disqualified persons or entities may not:

• Purchase, sell, or exchange assets with the account
• Yield a commission/fee for the purchase, sale, or exchange of assets
• Rent, occupy, or otherwise use property owned by the account
• Personally execute renovations/repairs on property owned by the account
• Retain account earnings on a personal basis
• Cover account expenses with personal, non-account funds