Page 23 - baby Kid TEEN Media Group National Guardian and Talent Informational Packet 2025 SAMPLE
P. 23

BKT National Talent & Guardian Information Packet


               3. Coogan Account Requirements


               In accordance with laws in states such as California, New York, Illinois, Louisiana, New
               Mexico, and others:


                     Guardian must open a Coogan Trust Account or equivalent blocked trust
                       account for Talent
                     A minimum of 15% of the child’s gross earnings must be deposited into the
                       account by the employer within 15 days of payment
                     Guardian must provide the Coogan account number to the employer or
                       production company
                     Media Group may assist in providing resources or referrals to help establish the
                       account


               Financial Responsibility:
               Guardian is responsible for all fees, banking arrangements, and tax reporting related to
               the Coogan account. Media Group does not manage or access these funds.




               4. Work Permits & Licenses


               Depending on the state or territory, Guardian may be required to obtain:

                     A general work permit for minors
                     An entertainment work permit issued by the state’s labor department or school
                       district
                     A performance license for public appearances, recordings, or productions


               Media Group will help identify which permits are needed and provide support in the
               application process. However, Guardian must submit and maintain all required
               documentation.




               5. Multi-State & National Coordination


               Talent may be invited to participate in projects across multiple states or territories.
               Guardian agrees to:

                     Comply with the laws of each jurisdiction where Talent performs
                     Provide updated documentation when traveling or relocating for bookings
                     Notify Media Group of any changes in residency or legal status that may affect
                       compliance




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