Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!linus!security!genrad!decvax!microsof!fluke!amyh From: amyh@fluke.UUCP Newsgroups: net.invest Subject: Re: savings for children? Message-ID: <1021@fluke.UUCP> Date: Mon, 11-Jul-83 11:02:17 EDT Article-I.D.: fluke.1021 Posted: Mon Jul 11 11:02:17 1983 Date-Received: Tue, 12-Jul-83 14:38:32 EDT References: <614@populi.UUCP> Lines: 9 Regarding savings for kids: What my folks did (for kids' college educations) was to set up a custodial account at their bank. The child is the owner, with a parent as custodian. The parent can make transactions, and so can the child. You'd have to check on termination of the custodial agreement; I believe the setup at the time my folks were doing it was that custody terminated at the child's legal majority. Amy Heidner John Fluke Mfg {microsoft|lbl-csam|uw-beaver}!fluke!amyh