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The Watercooler
Kind of a child support question
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<blockquote data-quote="klmno" data-source="post: 303142" data-attributes="member: 3699"><p>Hmmm....I think if you figure out an amount like Janet suggests and make sure they keep medication insurance (and sign permission for you to get medication help and sign sd approval forms for stuff), that it would be a good idea for them to start a bank acct and just put something in there for contigencies. If you end up with $60 worth of copays for dr bills and medications if she gets sick, or she needs something unexpected for school you can take the money out. You could easily write down what the money went for. If the money wasn't used, it gets returned to the parents. </p><p></p><p>As an option to this, they can start a bank acct in the daughter's name (most banks won't require the same fees for a kid's starter acct) and have it listed on the bank acct that you have to sign in agreement before daughter can withdrawal the money, or you both have to sign a check if you get checks. The parents would have to set it up but it might make everyone more comfortable and be a good introduction for daughter into managing money.</p><p></p><p>You could make sure you get the parents' permission prior to spending money out of the acct for something like a family trip and let them know ahead of time is money is running low so they won't be hit unexpectedly if more is needed.</p></blockquote><p></p>
[QUOTE="klmno, post: 303142, member: 3699"] Hmmm....I think if you figure out an amount like Janet suggests and make sure they keep medication insurance (and sign permission for you to get medication help and sign sd approval forms for stuff), that it would be a good idea for them to start a bank acct and just put something in there for contigencies. If you end up with $60 worth of copays for dr bills and medications if she gets sick, or she needs something unexpected for school you can take the money out. You could easily write down what the money went for. If the money wasn't used, it gets returned to the parents. As an option to this, they can start a bank acct in the daughter's name (most banks won't require the same fees for a kid's starter acct) and have it listed on the bank acct that you have to sign in agreement before daughter can withdrawal the money, or you both have to sign a check if you get checks. The parents would have to set it up but it might make everyone more comfortable and be a good introduction for daughter into managing money. You could make sure you get the parents' permission prior to spending money out of the acct for something like a family trip and let them know ahead of time is money is running low so they won't be hit unexpectedly if more is needed. [/QUOTE]
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