SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%Nov 21 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: D. Swiss who wrote (98020)2/12/1999 6:46:00 PM
From: Craig Lieberman  Read Replies (1) of 176387
 
Drew,
consider not actually putting the shares you purchase for children in any custodial account. I found out too late that it completely limits your options later when there is a boat load of money.
Your child can take posession of potentially millions and you have NO say in the matter.

If you want to hold shares for them consider creating a trust that you are the trustee of which you can control as the trust document reads.

Consult an accountant or an attorney for more info.
Craig
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext