Does the Kids Account money belong to me?

More info on if the money in a Kids Account account belongs to the adult or the child

Ruby Gardner avatar
Written by Ruby Gardner
Updated over a week ago

By creating a Kids Account, you agree that your intention is to set up the Kids Account for the benefit of the child. You cannot withdraw any money you have deposited and use it for yourself. 

Although you create and manage the child’s investment Portfolio, the money and investments belong to the child. 

For more information on the legal structure of a Kids Account, check out this article.

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