Custodial Account Used for Support Yes, youareallowed to use UTMA accounts for items included in a support obligation, regardless of what you read elsewhere. The Minor’s Right to the Money Does the minor have an absolute right to the money? What happens if the custodian abuses that right?
A custodial account allows you to invest on behalf of a minor for a college education. Learn more about Merrill custodial accounts today.
Although anyone may contribute to a custodial account, control of the account is managed by the custodian. Once the minor beneficiary reaches the age of majority (as determined by the state), the custodian can transfer the funds in the account over the funds to the minor. Types of Custodial ...
What is a Schwab One® Custodial Account? It is a brokerage account that allows you to make a financial gift to a minor and help teach them about investing.
Give a gift for the future Custodial accounts let parents, grandparents, and others invest funds for a minor. The accounts offer potential tax benefits and the flexibility to use funds for educational or non-educational expenses. What is a custodial account? An account where an adult serves ...
a brokerage firm account that parents have created for a minor 相似短语 custodial accountphr. 保管帐户 custodial accounting【经】 保全会计 for account ofadv.为...代销 in account withadv.与...有帐务往来 to account for是…是原因 an account ofprep.关于...的说明,叙述 ...
Before you set up a custodial account for a minor, consider whether this is the best choice. These accounts are well suited to relatively small dollar amounts because they’re quick, cheap and simple. If you’re thinking of transferring many thousands of dollars to a child, you should stron...
[参考译文]被指控犯罪的人应被依法羁押。custodian指实施监管的主体,custody则指实施监管的行为;custodial是形容词,意为“被监管的”或“监管人的”。例Custodial account is created for the benefit of a minor , usually at a bank, mutual fund, or brokerage, with an adult as the custodian.[参考译文]...
A custodial account is an account set up on behalf of, or “in custody for” an individual, typically a minor child (18 or younger) or a medically impaired individual. Once a custodial account is established, the person setting up the account no longer h
mutualfund company, or brokerage firm managed by one person for the benefit of another. Generally, an adult controls a custodial account for a minor (a person under the age of 18 or 21 years, depending on the laws of the state of residence). Approval from thecustodian...