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Reply to "Custodial account for investing"
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[quote=Anonymous]Helpful if you have someone trying to offset their estate w annual gifts (eg grandparent) and don’t have a trust established. I have one for both kids and they are easy to manage. Downside - depending on jurisdiction they turn over at 18 or 21.’ Kids will have too much money at that age so we are moving towards other mechanisms after several years of that.[/quote]
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