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Yes, you can leave money to a minor in your will by setting up a trust or naming a guardian or custodian to manage the funds until the minor reaches a certain age, typically 18 or 21, depending on the jurisdiction. It is important to specify how you want the funds to be used for the minor's benefit.
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What is the legal age a minor can leave home in the state of Indiana?
In Indiana, the legal age a minor can leave home without parental consent is 18 years old. However, in cases of abuse or neglect, minors can seek emancipation through the court system.
What is the legel age of a minor to leave home in state of Fla?
In the state of Florida, the legal age of a minor to leave home without parental consent is 18 years old.
What happens leave inheritance to minor?
If you leave an inheritance to a minor, it may be held in a trust until the minor reaches the age of majority. The trustee will manage the inheritance on behalf of the minor until they are old enough to access it. It is important to set up clear instructions in your will for how you want the inheritance to be managed and distributed.
What age can a minor leave home legally in Alabama?
In Alabama, a minor must be at least 19 years old to leave home legally without parental consent. However, there are exceptions for minors who are legally emancipated or married.
Can you leave home at 14 in Georgia?
In Georgia, a minor can leave home at the age of 17 unless they have been legally emancipated. If a minor leaves home before the age of 17 without parental permission or legal emancipation, their parents can file a runaway report with the police.
If you have three grandchildren who you wish to leave money in your will for but because you do not trust the wife of one of them can you leave his inheritance to the oldest son for him?
You can leave the money to your one grandchild 'In Trust' with instructions. The mother then must prove that all monies given from the Trust Fund are spent on your grandson by giving receipts of purchases if necessary. If your oldest grandson is a minor then no, you shouldn't leave the money to him to disperse to the one younger grandson.
If you die and leave your estate to your minor child who will receive the money until she is 18?
The court will appoint an administrator/executor/trustee, if no one is named in the will.
What is the legal age a minor can leave home in the state of Indiana?
In Indiana, the legal age a minor can leave home without parental consent is 18 years old. However, in cases of abuse or neglect, minors can seek emancipation through the court system.
What do you have to be to leave home?
Adult age or emancipated minor.
What is the legal age for a minor to leave home in Florida?
When they are no longer a minor. Which would be when they turn 18 in Florida.
Can a minor leave home if they have a kid?
Having a child does not change the fact they are a minor. A minor remains the responsibility of the parents. Once they are an adult, they can live where they want to.
What is the legel age of a minor to leave home in state of Fla?
In the state of Florida, the legal age of a minor to leave home without parental consent is 18 years old.
Can you leave the US to Canada and back without a passport if your a minor?
No.
What happens leave inheritance to minor?
If you leave an inheritance to a minor, it may be held in a trust until the minor reaches the age of majority. The trustee will manage the inheritance on behalf of the minor until they are old enough to access it. It is important to set up clear instructions in your will for how you want the inheritance to be managed and distributed.
Does money get returned if a contract is null and void after full payment has been made?
Yes, in general, if money is paid under a void contract it must be returned. For example, if a minor voids an optional contract for which money has been paid to a minor, the money must be returned to the minor. The minor may be required to return anything of value received under the voided contract.
If a home is purchased with 'minor A' money and is placed in 'minor B' name who owns it?
Obviously, minor B. Whomever name is listed on the Deed of Trust is the legal owner regardless of who or where the money came from to make the purchase. Minor A should have listed their name as co-owner with Minor B in the documents.
Can a parent have a minor's paycheck turned over to them?
Yes. A parent has the right to have any money made by a minor until they reach the age of majority or they are emancipated. They can require the employer to send the money to them rather than the minor.
