Custodial accounts are simpler to establish than trusts, which generally require more planning and the help of an attorney. However, a trust can offer more flexibility, control, and protection than a custodial account. For example, you can designate beneficiaries for a trust. See more here: do i have to pay taxes on my child's custodial account .
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ReplyDeleteCustodial accounts are simpler to establish than trusts, which generally require more planning and the help of an attorney. However, a trust can offer more flexibility, control, and protection than a custodial account. For example, you can designate beneficiaries for a trust. See more here: do i have to pay taxes on my child's custodial account .
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