They can own a boat, but you need to check your state laws as what age a person can operate a boat.
A trust for a minor can own stock, but a minor cannot. Someone can own an account or stock in trust for the minor.
No limit
A minor cannot own real property. It could be held in a trust for the minor.
Only if you have your own boat.
who is he?
A minor cannot legally own property. Property can be held in trust for the minor until they reach the age of majority, usually 18.
MONEY
A minor cannot legally own property. Property can be held in trust for the minor until they reach the age of majority, usually 18.
A minor can own a vehicle in the state of Wisconsin, but under certain circumstances. The minor parents or guardian must sign a statement that consent the minor to purchase the motor vehicle and is ok with the purchase.
Everyone has their own opinion on this, but for me this will probably be F-sharp Minor.
The state of California does not require you to have a boat insurance but it is important to get the boat insured for your own sake and safety in future.
In some cases, captains may own the boat they operate, while in other cases they may be employed by a boat owner or company to operate the vessel. It ultimately depends on the specific arrangement between the captain and the boat owner.