How to Open a Custodial Account for a Minor

Custodial accounts allow you to manage assets on behalf of a minor until they reach adulthood so that you can provide a structured approach to financial planning for their future. You may want to save for their education or a future purchase, or perhaps, you simply teach them about the importance of saving and investing. […] The post How to Open a Custodial Account for a Minor appeared first on SmartReads by SmartAsset.