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SSI electronic payments for difficult child age 19
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<blockquote data-quote="Signorina" data-source="post: 577032"><p>I am not sure what your state's laws are, but in my state you can have an UTMA (uniform transfers to minors act) account in your child's name that they cannot withdraw from until they are 21. The age varies among states. So the account is in her name, the deposits are in her name, it reports interest payments under HER ss# but only you can make withdrawals and they must be for her benefit.</p><p></p><p>We had put difficult child's childhood savings acct in a cd that was an UTMA and he was not able to withdraw it with-out my signature. He tried and then he tried to force me to do- nicely and then not so nicely- it and give him the money. I finally did cash it and reimbursed myself for his college expenses so that I could keep the money out of his hands. </p><p> </p><p>If your states UTMA age is younger, you may be able to open an account in another state that goes to 21...</p></blockquote><p></p>
[QUOTE="Signorina, post: 577032"] I am not sure what your state's laws are, but in my state you can have an UTMA (uniform transfers to minors act) account in your child's name that they cannot withdraw from until they are 21. The age varies among states. So the account is in her name, the deposits are in her name, it reports interest payments under HER ss# but only you can make withdrawals and they must be for her benefit. We had put difficult child's childhood savings acct in a cd that was an UTMA and he was not able to withdraw it with-out my signature. He tried and then he tried to force me to do- nicely and then not so nicely- it and give him the money. I finally did cash it and reimbursed myself for his college expenses so that I could keep the money out of his hands. If your states UTMA age is younger, you may be able to open an account in another state that goes to 21... [/QUOTE]
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SSI electronic payments for difficult child age 19
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