I would be interested to know when and how the transfer takes place. Sometimes own children are also the ones (everyone hopes not) who spend the money on drugs or otherwise disproportionately and with 18.5 have a 0 on the account and also 0 added value from it.... Sounds pessimistic but can also be realistic. What do you think? @InvestmentPapa , @six and @AlfonsP
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2Yr
@Andimoneych I will decide when they get the money. Maybe not until they're 20. That's the good thing about it. I'll probably make the transfer pretty simple. Together with my kids, I'll open a custody account in their name and then start a custody account transfer (I hope it's as uncomplicated as I imagine).
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