Sentences with phrase «in a custodial account until»

These types of accounts, where financial gifts to a minor are held in a custodial account until the child reaches adulthood, offer another option for saving for your child's education.

Not exact matches

What's more, assets in a custodial account where you're the custodian are considered part of your estate until the child reaches majority.

Note: In some states, the custodial account may continue until the child turns 21, even though the child is legally an adult at age 18.

Funds in a Custodial account are under control of the custodian until the child reaches the age of majority, which varies by state.