QUESTION
My dad passed away and I am the excuxertor do I have to put everyone money in a interest bearing account till they are 18. Or just in a bank account.
Asked on Aug 25th, 2015 on Estate Planning - New Jersey
1 ANSWER
2 Awards
It's not possible to answer based on the information you have given. If the minors parents are alive you can have them take control of the funds or place it in a custodial account.
Answered on Aug 27th, 2015 at 3:50 PM
Diana L. Anderson, Certified Elder Law Attorney This response is not legal advice and does not establish any form of attorney/client relationship