Additional Carta instructions for joint investment with spouse:

Here are two common mistakes for joint subscribers in Carta paperwork:

• In the basic info section in Carta, the subscriber’s legal name should be listed as:

• “Your Name & Your Spouse’s Name JTWROS” for joint tenants with rights of survivorship

• “Your Name & Your Spouse’s Name JTIC” for joint tenants in common

• Unless the joint entity is subscribing with or on behalf of yet another party, the following question would generally be answered “no” for a joint subscriber:

• “Is the Subscriber subscribing for an Interest as agent, nominee, trustee, partner or otherwise on behalf of, for the account of or jointly with any other person or entity?”

Please email us at gp@firstprinciples.group if you have any questions!