18 is the age of majority in the state of Michigan for Custodial accounts. In order to receive the funds the minor & the custodian must submit a form to the company where the funds are held.
No. The home could be quit claimed to a trust for the benefit of the minor, but a minor cannot own property.
no law addressing it
Absolutely. A minor child cannot be taken legally from the U.S. without a valid passport. The custodial parent or guardian must, under oath, in person agree to allow the child to accompany the non custodial parent before a passport is issued. Likewise, depending upon the custodial order, the custodial parent may need the non custodial parent to present a sworn affidavit that he or she is allowing the minor to obtain a passport and travel outside of the U.S.
No. The custodial parent has been assigned the responsibility for the child by the court. And until the minor reaches the age of 18, they live where their parent tells them to.
No a custodial parent can not kick a child out of school if the child is still a minor. If the child is 18 years old, the parent may kick them out.
Age 18
A custodial account is an account set up by an adult to benefit a minor.
Through a custodial account. An adult can setup a account and add you as a custodial. The custodial makes the trades through your accounts, but the money remains separate from both accounts.
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No. The home could be quit claimed to a trust for the benefit of the minor, but a minor cannot own property.
You must be 18 to establish a trading account. If you are under 18 you can have an account assigned to your social security number but it must be a custodial account and a custodian will control the account until you are 18 years of age.
Yes. if the custodial parent can not take care of the minor the non-custodial have first dibs.
An minor can't decide to not see a non-custodial parent -- if there's a court order, it will continue until the minor is of age, 18.
You would have to call the court house for legal papers on terminating parental rights.
Yes.
A tust is a fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary. A trust can be setup for a trustee of any age, and that age can be specified by the trustor. A custodial account is managed by an adult for a client who is considered a minor age 18-21 years old. Once the client reaches the legal age of their state of residence the account is taken over by the named account holder.
Yes. And the parent will also be charged with kidnapping if not sending the minor right back to the custodial parent.