It is required by law in California and New York that a percentage of a child’s entertainment industry earnings be deposited into a Coogan Account, a.k.a. a Coogan Blocked Trust Account. In California, only 10 days after getting an entertainment work permit, you must have also opened this special Coogan account specifically for that …
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Mar 23
What Is a Coogan Account?
Shortly after our arrival in L.A., I was told I needed to set up a Coogan account for my daughter. I did not know what a Coogan account was, why I needed one for my daughter, how it would work, or what to look for when setting up this sort of account. Since I …
