no
A minor cannot enter into a contract. It is not legal for Minors to "own" property. It could be purchased by someone "In Trust" for the child.
Yes you can make a lot of money grave digging if you own your own excavator and begin to contract with funeral homes. Trust me, I did.
You can put it into a trust account owned by an attorney; you can set up a trust of your own and open an account in the name of the trust, with a trustee's name; you can use the money to capitalize a new corporation of which you're the only shareholder and then deposit the money in the corporate account, among other ways.
you have to be 18 to sign a contract for a credit card in your name.
firstly his name is 'Claudius Galen' not william. and he concluded nothing because all he done was copied hippocrates ideas and said they were his own. maybe he did conclude something but i hav'nt found that out yet sorry
You need to review the provisions of the trust to determine how it operates.
Typically 18 years old...however....A minor child (under18) can be in title if the property is held in a "trust" for the benefit of the child. A minor can not legally sign a contract and it be an "enforceable" contract.
You can name your trust any way you choose. Most people use their own name such as "The Jones Family Trust" or "The Harry Connick Revocable Trust". However, a trust can be titled any other way such as "The Magic Mountain Trust" or "Lincoln Lane Trust". If the trust is to hold title to real estate you should be conscious of how the documents that affect the property will be indexed in the land records, and, take care not to choose a name that is already used by another entity.
When you rent an apartment you have to sign a contract whatever is the legal age to sign a contract is what you are looking for
{| |- | The age of majority in Illinois is 18. At that point the individual can contract and handle there own affairs. That would be the point that the trust would end. |}
A trust for a minor can own stock, but a minor cannot. Someone can own an account or stock in trust for the minor.
"In any legal action founded on a contract entered into by a person eighteen (18) years of age or older, the said person may sue in his own name as an adult and be sued in his own name as an adult and be served with process as an adult."You can read the entire section at the related link."In any legal action founded on a contract entered into by a person eighteen (18) years of age or older, the said person may sue in his own name as an adult and be sued in his own name as an adult and be served with process as an adult."You can read the entire section at the related link."In any legal action founded on a contract entered into by a person eighteen (18) years of age or older, the said person may sue in his own name as an adult and be sued in his own name as an adult and be served with process as an adult."You can read the entire section at the related link."In any legal action founded on a contract entered into by a person eighteen (18) years of age or older, the said person may sue in his own name as an adult and be sued in his own name as an adult and be served with process as an adult."You can read the entire section at the related link.