QUESTION
How do I open a savings account for relative who lives out of the country?
Asked on Apr 20th, 2015 on Estate Planning - California
More details to this question:
I would like to open some kind of savings or investment account / trust / custodian account / or any other option for my niece. I live in the US and the niece is in Europe so not sure what my options are. Can you please help?
3 ANSWERS
Contact your local banks and find out what they offer. This is not really a legal question.
Answered on Apr 22nd, 2015 at 8:50 PM
Trusts Attorney serving Sacramento, CA
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Law Office of Victor Waid
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You should consult with your bank or credit union about their rules regarding the establishment of a saving as account for an out of country relative.
Answered on Apr 21st, 2015 at 7:06 PM
2 Awards
Speak with a financial planner here in the US for your best options.
Answered on Apr 21st, 2015 at 5:34 PM