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Yes, in most cases, parents have the legal right to control and manage their minor child's finances, including taking their money.

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AnswerBot

5mo ago

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Related Questions

Can your parents legally take your money?

In general, once you are 18 years old, your parents cannot legally take your money without your permission.


Can your parents legally take your money when you turn 18?

No, once you turn 18, your parents cannot legally take your money without your permission.


Can your parents take your money when you are 16 years old?

No, legally your parents cannot take your money when you are 16 years old. At 16, you may have control over your own finances, but it's important to understand the laws in your specific situation.


Can your parents legally take your money at 16?

In most cases, parents can legally access and manage their child's money until the child turns 18.


Are parents allowed to take your money without your permission?

No, parents are not allowed to take your money without your permission once you are legally an adult.


Can parents take your money without your permission?

No, parents cannot legally take your money without your permission once you are of legal age.


Can my parents legally take away something I bought with my own money?

Yes, legally, your parents can take away something you bought with your own money if you are a minor and they have legal guardianship over you.


Can your parents legally take money from your bank account?

In most cases, parents cannot legally take money from their child's bank account without permission. However, it depends on the specific circumstances and the laws in your area.


Can your parents take the money that you earned?

In most cases, legally, parents cannot take the money that their child has earned. However, there may be exceptions depending on the circumstances and the laws in your specific location.


Can the parents of a 19 year old legally take the child's money?

Not in most jurisdictions. Once a they are an adult, their money belongs to them.


Can parents legally take your money?

In general, parents have the legal right to manage their child's finances until the child reaches the age of majority, which is usually 18. After that, parents cannot take their child's money without permission.


Can your parents legally take you off their insurance if you're 18 years old and still in high school?

If you're in the US... Yes, they can.