Estate planning at Webull

Yes. Webull supports entity accounts for LLCs, C-Corps, and S-Corps. Entity accounts require a $100,000 initial deposit and must maintain a minimum equity balance of $50,000.

On Webull IRAs, beneficiaries must be individuals age 18 or older with a valid U.S. address and a Tax Identification Number, so a trust cannot be named as a beneficiary. You may designate up to 6 primary and 6 contingent beneficiaries, with percentage allocations that must total 100%. If no beneficiary is designated, the default is the surviving spouse, then the estate.

No. Webull supports individual cash, margin, IRA, and entity (LLC/Corp) accounts only -- it does not open trust accounts and does not retitle an existing account into a trust. To hold your investments in a revocable living trust, open a trust account at a custodian that supports trust ownership and transfer the positions there by ACATS. Within Webull, you can name individual TOD beneficiaries on your brokerage accounts to pass assets outside probate.

No. Webull TOD and IRA beneficiaries must be individuals age 18 or older with a valid U.S. address and a Tax Identification Number, so a trust cannot be named as a beneficiary on any Webull account. Because Webull does not offer trust accounts or account retitling either, the way to hold Webull assets in a trust is to move them to a trust account at another custodian.

Webull offers three types of IRAs: Traditional IRA, Roth IRA, and Rollover IRA. You can roll over assets from employer-sponsored retirement plans (401k, 403b), Traditional IRAs, Rollover IRAs, SEP IRAs, and SIMPLE IRAs into a Webull Traditional or Rollover IRA. Only Roth IRAs can be rolled into a Webull Roth IRA. Webull accepts cash-only rollovers.