Legal Question in Family Law in California
bank accounts
how do i set up a child account so that they can not get there money until 25 unless going to school full time?
Asked on 6/15/09, 2:00 pm
1 Answer from Attorneys
Jerold M. Gorski
Law Offices of Jerold M. Gorski
Re: bank accounts
An account held in trust for a beneficiary. If the bank you intend to use does not have a form for the type of account you want to use, contact an attorney. Some FDIC insured rates are 2.25% right now; consider tax saving issues too.
Answered on 6/15/09, 6:58 pm