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Title Question with Roth IRA

Posted by Robin Abbott on April 17, 2008 at 12:59 AM


I am buying paper, a promissory note secured by a Mobile.

Equity trust says the title must read "ETC Costodian FBO, Robin Abbott, IRA

My question: for privacy purposes I shouldn't have my name anywhere. Shouldn't my IRA make a loan to a trust, then the trust would buy the note and the trust would receive the payments and forward them to Equity Trust.

Equity trust is Scratching their head on this! And will get back to me.

Any help will be appreciated!

Thank you, Robin


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