6406 Marine Dr
Tulalip, WA 98271
(Driving Directions)

Phone: 360-716-4000


Tulalip Minors Trust

Frequently Asked Questions

Trust Account Info for Parents:

  1. Will I get statements of my children's trust accounts? Yes, you will receive quarterly statements showing account balance and earnings. If you are not receiving a statement please call our office and check on the address – we have been getting some back in the mail.
  2. When will the trust funds be distributed to my child? Trust funds will be distributed within 30 days following the LATER of (1) your child's 18th birthday, or (2) the date your child receives a high school diploma or GED. Individuals not meeting the high school diploma/GED requirement will in any event receive their trust funds within 30 days of their 22nd Birthday.
  3. Can a parent/guardian make an early withdrawal of their child's trust account funds? In most circumstances, no. The only exceptions are: (1) if the minor has a terminal illness, or (2) the minor has a documented serious medical condition requiring long term care. The trust is restricted because other more basic health, education, and welfare needs of the child may be met though the parents electing to receive 50% of their child's per capita payment to provide for their child's needs.
  4. If a parent receives 50% of their child's per capita, what may the funds be spent on? The child's per capita funds may only be spent on the health, education, and welfare of the child. Also make sure you file taxes on the portion you receive as a parent. The minor will need to do their own taxes.
  5. How will per capita funds be handled for children placed in court ordered beda?chelh custody? 100% of the child's per capita funds will be placed in the minor’s trust.
  6. Can I change the investment option from Option A – Conservative to Option B – Aggressive? Where can I get information on what each one of the options? Option B Aggressive is the default option, if you did not choose and investment option this is where the money is invested. You can change the investment option once a year in February. A reminder will be sent out to everyone with a statement showing the difference in the options. You can get information on the options from the enrollment office.
  7. Can I put all of the check in trust? How often can I change this? Yes, and this in not permanent. You can change this before each per capita, but it must be done 10 business days prior to the distribution. You can have any amount over 50% put into trust. This can help if you have to pay in on your kids taxes instead of giving more to IRS, you can give more to your child. Only the legal guardian can change the amounts.
Youth with Accounts:

  1. Once I am 18 and have a High School Diploma or GED or 22 how do I get the money out of trust and having done the financial education class**? Forms are available that the tribal member must sign and have notarized. The forms need to be returned to the enrollment office. After you turn the form it will take about a week to two weeks and you will get it in the mail.
  2. How will it be distributed? You are able to receive 25% for 4 years of your trust. Once you apply the first time you can apply the next year in that same month as the 1st withdrawal.
  3. Can I request more than the 25%? Yes, A member can go before the trust committee and request the full lump sum or portion. The committee will make a recommendation to the Board of Directors who have discretion to determine if the member should receive the full trust account at one time.
  4. A.) All request must be done in writing with a full explanation of how the money is to be spent.
    B.) The money can be requested if a young adult is purchasing a home and or land, cover school cost, medical bills/care, starting a business, or rolling to a private trust plan.

  5. **Financial Class in order to get your first distribution you must take a finance education class. We try and hold a few physical classes at admin –please inquire 360-716-4300 about dates. We also have an online option, click here for more info: Youth Financial Education
  6. Will taxes be withheld from distribution? Taxes must be withheld after $12,000 because the funds are from gaming revenue. There is sliding scale on the minimum requirements amounts and taxes- see the distribution form.
  7. What happens to trust funds if a youth prior to disbursement? The trust funds will be distributed to the next of kin in the following order or priority: Spouse, children, parents, siblings, grandparents. Youth over 18 can fill out a beneficiary form if they want funds to be distributed in a different manor.
  8. Are emancipated minors entitled to receive per capita payments directly? Yes, minors who have a court order of emancipation will receive their per capita payments directly. However, all funds accumulated in their trust accounts prior to emancipation will remain in trust until their eligibility date (18 or HS diploma/GED).
Who can I contact if I have questions about the trust account? Enrollment 360-716-4300.


Further Information