who is the trustee on a coogan account
"Artistic or creative services" includes, but is not limited to, services as an actor, actress, dancer, musician, comedian, singer, stunt - person, voice - over artist, or other performer or entertainer, or as a songwriter, musical producer or arranger, writer, director, producer, production executive, choreographer, composer, conductor, or designer.

After all, a producer doesn’t have to ask, “Can a Coogan Account be closed?” or “Who is the trustee on a Coogan Account?”. Regardless of where your production takes you, please don’t hesitate to reach out to the appropriate state’s Labor Department to clear up any lingering questions or concerns before bringing a child actor onto your set. Coogan was discovered in 1919 by Charlie Chaplin and soon after cast in the comedian’s famous film, The Kid.

In that case, communicate your timeline, point them to information, and- as painful as I know this can be- BE PATIENT. (4) Once the minor's employer deposits the set-aside funds in trust, in an account or other savings plan pursuant to Section 6753, the minor's employer shall have no further obligation or duty to monitor or account for the funds. Notwithstanding any other law, pending receipt of these documents, the minor's employer shall hold, for the benefit of the minor, the 15 percent of the minor's gross earnings pursuant to the contract. Coogan’s parents purportedly spent all of his childhood earnings on a lavish lifestyle. A Coogan Account, is simply a trust account set up through a bank, into which the employer of the minor will directly deposit 15% of the child’s gross earnings. Because the opening of a Coogan Account is a prerequisite for adherence to other child actor laws (i.e.

Officially known as the California Child Actor’s Bill, the Coogan Law exists for the same purpose as all the other child actor protection laws that you’re going to encounter over the course of your production: to prevent the exploitation and abuse of working minors within the bounds of their employment on your set. A Coogan Account or Coogan Bank Account is actually a kind of Trust (thus, why it’s frequently also referred to as a Coogan Blocked Trust Account or a Coogan Trust Account).

In California, the nonprofit The Actors’ Fund of America (rather than the state) holds a child’s 15% earnings share if parents do not open a Coogan Account.

However, the Coogan Law has nothing to do with traditional labor questions of how long children can work or how much do kid actors get paid. In California, the birthplace of Coogan Law, a Coogan Account is an absolute requirement for a child actor’s employment. (2) Within 10 business days of commencement after employment, a parent or guardian, as the case may be, entitled to the physical custody, care, and control of the minor shall provide the minor's employer with a true and accurate photocopy of the trustee's statement pursuant to Section 6753 and in addition, in the case of a guardian, a certified copy of the court document appointing the person as the minor's legal guardian.

When making that deposit or disbursal of the funds, The Actors' Fund of America shall provide to the financial institution notice that the funds are subject to Section 6753 and a copy of each applicable order, and shall thereafter have no further obligation or duty to monitor or account for the funds.

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