Posted on: 15th Aug, 2009 05:06 pm
I noticed on the back of cancelled checks written to our mortgage company, TO BE DEPOSITED IN CUSTODIAL ACCOUNT ONLY. I need an explanation. My husband claims to have no knowledge of such. Thanks.
PC2CHICK
Check this
http://www.mortgagefit.com/inprocess/keogh-plan.html
It has someinformation
Good luck and feel free to ask
Check this
http://www.mortgagefit.com/inprocess/keogh-plan.html
It has someinformation
Good luck and feel free to ask
Custodian account menas An account created at a bank, brokerage firm or mutual fund company that is managed by an adult for a minor that is under the age of 18 to 21 (depending on state legislation). Adults can be guardian or parent for the minor.
A custodial account is a common financial strategy for establishing and protecting financial assets for minor children. Often created by a parent or legal guardian.
A custodial account is a common financial strategy for establishing and protecting financial assets for minor children. Often created by a parent or legal guardian.