Quest Trust Company›Downloadable Forms

Downloadable Forms

Submit Your Forms: Quest Trust Company has released a new feature for clients, new and old, to upload their documents securely! Access this by going to Upload.QuestTrustCompany.com. Once the required information is filled out, upload the document, and select which department you want it to go to. You’re done! If you are ready to submit a new investment, you can do so with the QTC Investment Hub in your Client Portal!

Additionally, Forms can be mailed to any of our locations, emailed to Documents@questtrust.com or faxed to (281) 646-9701.

Forms and Requests Received Will be Processed in 24-48 hours of Quest Receiving the Form.

In order to download a copy of your completed Adobe Sign form you will need to establish a free Adobe Sign account. You may also contact our helpful representatives and request the form via secured email.​
Open an Account - Starter Kit Applications
This section holds the various applications used to open an account with Quest Trust Company. The four pages of the Adoption Agreement, the general fee schedule, the $100 account opening fee and a copy of a valid, government issued I.D. are required to completely open a new account. If assistance is needed, one of our IRA specialists or a member of the Account Services Department would be more than happy to walk you through the paperwork required to open your account and answer any questions. Please refer to the contact us drop down to find the contact information of the staff.

View PDF Application | Print PDF 

View PDF Application | Print PDF 

View PDF Application | Print PDF 

View PDF Application | Print PDF 

Have Questions? Contact an IRA Specialist. 

Fee Schedule
Below is the fee schedule for accounts at Quest Trust Company. The fee schedule is one of the four components required to open a self-directed account with Quest Trust Company, but can also be used to change fee or payment options at a later date. The Fee schedules are included in the respective Account Opening Starter Kits.

Transfer or Rollover Funds

A Rollover Form is needed to properly document and accept funds when an IRA holder is moving from a qualified plan (i.e. 401(k), 403(b), 457 etc.) into an IRA. Rollovers are initiated by the account holder. When initiating a rollover, the client will need to contact their qualified plan administrator for further direction.


    A Transfer Form is needed when a client needs to transfer from their current custodians IRA into a like IRA account at Quest Trust Company, Inc. (i.e. Traditional IRA to Traditional IRA). Transfers are initiated by the receiving custodian, therefore if you are transferring to Quest, we assist with initiating the movement of funds, and when transferring out of Quest Trust Company, you would work with the custodian that will receive the IRA funds.

    • An IRA-HSA Transfer Form is needed when a client needs to transfer a current IRA elsewhere into a Health Savings Account at Quest Trust Company. Please note that this specific type of transfer can only be done one in your lifetime up to the contribution limit. 

    In-Kind Transfer Form

      ” is different from a normal Transfer Form. Whereas the Transfer form is needed when only moving cash, the Inkind Transfer Form is needed when a client needs to transfer an asset from their current custodian’s IRA into a like IRA account at Quest Trust Company, Inc. (i.e. Traditional IRA to Traditional IRA). Transfers are initiated by the receiving custodian, but there will most likely be other steps the client will have to take when planning to move the ownership from one IRA custodian to another, i.e. reregistration of an asset. Therefore, if you are transferring to Quest, we assist with initiating the movement of any assets (and funds, if needed), and when transferring assets out of Quest Trust Company, you would work with the custodian that will receive the IRA funds.
    • In-Kind Transfer Packet (View | Print PDF)
    • In-Kind Questionnaire Online Submission | Adobe Sign

    The Transfer Due to Divorce Form is needed to request a transfer of interest from one IRA to an ex-spouse’s IRA as a result of a divorce decree or legal separation.

    NOTE: Your current custodian might require a medallion stamp guarantee and/or the original Transfer Form.

    Purchasing an Asset? Asset Purchase Packets
    Congratulations on deciding to purchase an asset with your Quest Trust Company. The following packets contain instructions and the documents required for purchasing an asset. When filling out the paperwork, make sure you are using the appropriate forms, depending on your investment. Submit the documents to upload.QuestTrust.com or simply use the new QTC Investment Hub!

    Quest Trust Company is proud to introduce our new QTC Investment Hub. With this new feature, you can now submit investments directly through the client portal and track your investments live! Now more than ever, we see the importance of being able to conduct your business and manage your accounts virtually. With our new client portal features, our goal is to truly put YOU in control of your Self-Directed IRA by being able to submit your investments for funding without having the hurdles of doing it manually. Click here for more information!

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      A REAL ESTATE Asset Purchase Packet is needed when you plan to use your IRA to take direct title to a property. Once you have selected the property you would like to purchase within your IRA and have completed the due diligence on your investment you MUST draw up the offer/contract in the name of the IRA. This Asset Purchase Packet includes the Direction of Investment form, which is an internal form that must be completed in order for Quest to review the investment and fund on your IRA’s behalf. Along with that form, there will be a helpful checklist including items our office will also need to review including: Copy of Warranty Deed, Copy of HUD-1 Settlement Statement, Purchase and Sales Contract, and any other documents the buyer is required to sign at closing. Once all the proper documents are signed and the client has given their “Read & Approved” signature, Quest will work with the third party closing agent to close your real estate purchase.

      • A NOTES Asset Purchase Packet  is needed when you plan to use your IRA to hold a promissory note, meaning you get to determine all the loan terms including the loan amount, initial payment date, maturity date, interest rate and payment or amortization schedule. This Asset Purchase Packet includes the Direction of Investment form for Notes, which is an internal form that must be completed in order for Quest to review the investment and fund on your IRA’s behalf. Along with that form, there will be a helpful checklist including items our office will also need to review depending on what type of note it is: secured or unsecured, new or existing. Once all the proper documents are signed and the client has given their “Read & Approved” signature, Quest will work to sign off as the lender on your note investment.
      • A PRIVATE ENTITY Asset Purchase Packet
          • is needed when you plan to use your IRA to invest into a private company or partnership, like an LLC or Trust, Limited Partnership or Joint Venure. This Asset Purchase Packet includes the Direction of Investment form for Private Entities, which is an internal form that must be completed in order for Quest to review the private investment and fund on your IRA’s behalf. Along with that form AND a Private Placement Instruction Letter, there will be a helpful checklist including items our office will also need to review depending on what type of private entity/private placement it is: Subscription Agreement, Operating Agreement, LLC, LP, JV, etc and possibly a Private Placement Memorandum. Once all the proper documents are signed and the client has given their “Read & Approved” signature, Quest will work to sign off and send the funds for your PE investment.
          • Private Entities - Purchase Packet | AdobeSign
          • Private Entities - Purchase Packet (View | Print PDF)
          • Private Entities Asset Conversion Form | AdobeSign
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        A GENERAL INVESTMENT Asset Purchase Packet
          is needed when you plan to use your IRA to do a general investment like buy a property auction, purchase personal property, or invest in options with your IRA. This General Direction of Investment form will ask you the basic information about your investment and ask you to select which type of general investment you will be doing. Our office will work with you to get all other supporting documents depending on what your investment is. Along with this Direction of Investment, the Private Placement Instruction Letter form must be included and returned to Quest. Once all the proper documents are signed and the client has given their “Read & Approved” signature, Quest will work to fund this investment in the name of the IRA.
        • General Investments Direction of Investment Form | AdobeSign
        • General Investments Direction of Investment Form (View | Print PDF)
        • Private Placement Letter (View | Print PDF)
    Paying for Expenses? Payment Authorization Forms
    A Payment Authorization Letter, commonly referred to as a “PAL,” at Quest Trust Company, is a form that allows permission to make a payment from the client’s account. This is commonly used to pay for expenses such as property taxes, HOA dues, utilities, etc.

    Asset Management Forms - Sales | Payoffs

    A Partial or Full Disposition of Asset Form is needed once your investment is complete. In the event you choose to sell your investment property, a note is paid off, or you have received all dividends from your investment for example, our office will need you to complete this form to let us know to close out your asset. If this form is not completed, your investment will remain active inside of your IRA even if you no longer hold the asset. If the investment is only receiving a partial payment at the time, we also require this form be completed to inform Quest not to close the asset, but rather just adjust the value once funds are received.

     

  • A Request for Payoff Form is needed when your IRA holds a note investment and it is ready to be paid off. This form is used to provide Quest and all other applicable third parties information about the upcoming payoff, such as the borrower information, when to expect the payments, and how much might be sent. As a reminder, like all investment documents, any payments made back to the IRA must have the correct vesting. 

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    This is the Note Modification Form. Complete this form to change the terms of an existing note in your account when the note requires additional funding. Note that this form must be accompanied by documentation modifying or amending the original note.

    • This is the Note Modification Form for Post Closing. This form is needed to change the terms of a note in your account when no additional funding is needed for the investment. Note that this form must be accompanied by documentation modifying or amending the original note. 

    Fair Market Values (FMVs)

    The Fair Market Valuation (FMV) Form is used to show the worth of the assets you hold in your Quest account. Quest will require a FMV for each individual asset in the IRA since these end-of-year estimates are required to be reported to the IRS each year, making it extremely important to submit this information.

    We’ve made it even easier to complete your Fair Market Valuation information and any supporting documentation with the Client Portal. Simply log in to your Quest Client Portal, fill out the information, upload any supporting paperwork, and click submit without ever needing to fill out the form!

    Distribution Request Form

    The Distribution form is as just like it sounds – a form used to remove funds from a client’s account.

  • The Distribution for Rollover to Employer Plan Form is used to remove funds or assets from a client’s account and move them to an employer plan.

     

    • Account Management Forms
    Use this Deposit Coupon for any check deposits made to your Quest Trust account.

    Please use these Incoming Wire, ACH and Check Instructions when funds are going into your Self-Directed IRA.

    Please complete this Beneficiary Election form when opening a Beneficiary IRA, to make your Beneficiary IRA selections and indicate how you wish to move forward with the account.

    This Change of Account Holder Information form is used to verify the request to change a client’s account holder information, such as: name change, update contact information or change of beneficiary designation. Once the form is completed, signed and returned, the Account Maintenance Department will be able to update the new information in our databases. After the client information has been changed, you will be notified of the update.

    This Interested Party Designation form allows another individual to have some access to your account information at Quest Trust Company. The interested party would be able to call and get an account balance and other basic information, however they are unable to make any changes to your account, sign a direction of investment, direction to sell, payment authorization letter, or any other administrative forms. Finally, the interested party is never permitted to authorize a distribution from the account or to change the beneficiaries listed on the account. The form must be completed and signed by the account holder, and once sent to the Account Maintenance Department, the information will be updated in the client’s account.

    This Designation of Investment Advisory form allows designated Investment Advisor(s) to have some access to your account information at Quest Trust Company. Such information includes: account balance, statements, transfers, rollovers, contributions, and distributions. This form does not allow Investment Advisor(s) to make any changes to your account, sign a direction of investment, direction to sell, payment authorization letter, or any other administrative forms. The form must be completed and signed by the account holder, and once sent to the Account Maintenance Department, the information will be updated in the client’s account.

    This Limited Power of Attorney form names an individual as the agent and attorney-in-fact for the account. The completion of this form allows for the specified individual to have access to account information, sign a direction of investment, direction to sell, a payment authorization letter and any other administrative forms. However, like the interested party, the individual will not be able to authorize a distribution or change the beneficiaries listed on the account.

    The Agreement Regarding Presentment of Durable Power of Attorney Form is used to add a Durable Power of Attorney (“POA”) to a Quest Trust Company Account (QTC). This Agreement should be completed by the Agent or Attorney-in-Fact, and it must be accompanied by supporting documentation.

    This Coverdell ESA Change form is used to verify the request to update information on a Coverdell ESA such as: replace the Responsible Individual and change the death beneficiary.

    • This Age of Majority Form is used if you have recently reached the age of majority in the state in which you reside. Once this occurs, Quest Trust Company (QTC) can only accept instructions from you, not the responsible individual previously designated on your account.

    • This Responsible Individual form is used to replace or update the contact information for the Responsible Individual on an existing Quest Trust Company Traditional and/or Roth IRA. 

    The Fair Market Valuation (FMV) Form is used to show the worth of the assets you hold in your Quest account. Quest will require a FMV for each individual asset in the IRA since these end-of-year estimates are required to be reported to the IRS each year, making it extremely important to submit this information.

    We’ve made it even easier to complete your Fair Market Valuation information and any supporting documentation with the Client Portal. Simply log in to your Quest Client Portal, fill out the information, upload any supporting paperwork, and click submit without ever needing to fill out the form!

    This Roth Conversion form is used to complete a Roth conversion, a movement of funds from a tax deferred IRA to a tax free account, and to take a distribution from the account. Complete any account holder information, as well as the reason for the distribution.

    This Recharacterization form is to redesign contributions that may have been made to the incorrect account.

    The Endorsement Form is used to authorize Quest Trust Company to endorse a check on behalf of your Quest account.

    Account Agreement & Disclosure Documents
    There are several different Account Agreement & Disclosure forms in this section, all used for the different types of accounts administered by Quest Trust Company. The Custodial Agreement is the controlling contract of the account. The plan agreement sets forth terms and conditions of the IRA, such as contribution limits, investment restrictions, distribution requirement requirements, the IRA owner’s responsibilities, Quest Trust Company’s responsibilities and additional provisions. These documents also include disclosure statements that explain IRA rules in a nontechnical manner.