Types of Custodial Accounts

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2024-03-28 15:42:53 -

A custodial account is one that is set up for a minor child, with the parent or guardian usually managing and overseeing it for the child until they come of age. It can hold just cash inside of it, or it could have other items of value that will hopefully appreciate as time goes on and will be worth more by the time the child is old enough to take over. Understanding how these work can...

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