Legal Question in Wills and Trusts in California
Hello,
Can you tell me whether monies from a minor's compromise and settlement can be put in 529, educational IRA or other locker type account rather than a blocked account in order to earn more interest? Thank you.
Asked on 4/06/10, 11:25 am
1 Answer from Attorneys
Madan Ahluwalia
Ahluwalia Law P C
Child's guardian can do anything which is in child's best interest.
Answered on 4/11/10, 6:14 pm