Wednesday, June 18, 2014

can my minor children save their moneyandbuy vacant land in FLA?

Question

can my minor children save their moneyandbuy vacant land in FLA?



Answer

The land can be purchased through a guardian or in a custodial account for a minor. Seek legal help before doing this.



1 comment:

  1. As with any investment, it's possible to lose money by investing in a 529 plan. Additionally, by investing in a 529 plan outside your state, you may lose tax benefits offered by your own state's plan. See more here: betterment custodial account .

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