Legal guardian - Wikipedia - custodial account for incompetent adults

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Rules for Opening a Guardianship Account - Good Financial Cents® custodial account for incompetent adults


Custodial accounts are available at most banks and credit unions for These accounts apply to people, either minors or adults, who, by reason of mental or.

Two common types of custodial accounts allow parents or other family members to manage money on behalf of children. Uniform Transfers to Minors Act.

There comes a time when minors, senior citizens, or disabled persons With a guardianship account, the money does belong to the child.