Articles Posted in Minor children

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It’s Fall: Custodial Accounts, 529 Plans And Paying For College
As the season turns and it starts to feel like Fall, many parents are either paying college tuition bills or worrying about paying them. Many of my clients have asked me how 529 college savings plans or custodial accounts are counted when colleges consider financial aid. Here are the basic…
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What to Do if Your Child’s Custodial Account is Too Big?
Custodial accounts are an easy way to hold money for a minor child’s benefit. They have many advantages.  They’re free-it’s easy to open up a custodial account at any bank or financial services company.  (You’ll know if an account is custodial in California because…
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