On behalf of KFN, the Trust office monitors and distributes the Minor Trust Account.
All minors who were born and registered members as of November 25, 2002 have had their Minors Trust Funds held at our financial institute until their 18th birthday.
To collect their Per Capital Distribution of $1,000, on the day of their 18th birthday or earlier, they must provide:
- A Release Form
- Two pieces of identification that has any combination of their signature and picture.
If the minor would like the funds transferred to their bank account, we need those documents, and their banking information, by the middle of the month before their birthday. (For example, if a Minor turns 18 in September, information must be submitted by the middle of August.)
All future generations of KFN Members will also receive their $1,000 PCD upon reaching the age of 18.