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- Custodial_account abstract "A custodial account is a financial account (such as a bank account, a trust fund or a brokerage account) set up for the benefit of a beneficiary, and administered by a responsible person, known as a custodian, who has a fiduciary obligation to the beneficiary.In one form, a custodial account is an account set up for a minor, because the minor is under the legal age of majority. The custodian is often the minor's parent. In the U.S., this type of account is often structured as a Coverdell ESA, allowing for tax-advantaged treatment of educational expenses.In another form, a custodial account is a trust account owned by an individual or institution, managed by a named party for purposes of rapid distribution of funds in that account. This is commonly used for petty cash, or for transactions that have very limited and clearly defined payees and transaction types. For example, law firm accounting includes trust accounts for disbursing funds entrusted to the law firm by each client for the client's benefit.".
- Custodial_account wikiPageID "8922991".
- Custodial_account wikiPageLength "4309".
- Custodial_account wikiPageOutDegree "19".
- Custodial_account wikiPageRevisionID "609634141".
- Custodial_account wikiPageWikiLink Age_of_majority.
- Custodial_account wikiPageWikiLink Bank_account.
- Custodial_account wikiPageWikiLink Beneficiary_(trust).
- Custodial_account wikiPageWikiLink Category:Personal_finance.
- Custodial_account wikiPageWikiLink Common_law.
- Custodial_account wikiPageWikiLink Coverdell_Education_Savings_Account.
- Custodial_account wikiPageWikiLink Custodian_bank.
- Custodial_account wikiPageWikiLink Fiduciary.
- Custodial_account wikiPageWikiLink Individual_retirement_account.
- Custodial_account wikiPageWikiLink Legal_guardian.
- Custodial_account wikiPageWikiLink Minor_(law).
- Custodial_account wikiPageWikiLink Nominee_trust.
- Custodial_account wikiPageWikiLink Securities_Investor_Protection_Act.
- Custodial_account wikiPageWikiLink Trust_law.
- Custodial_account wikiPageWikiLink Uniform_Commercial_Code.
- Custodial_account wikiPageWikiLink Uniform_Transfers_to_Minors_Act.
- Custodial_account wikiPageWikiLinkText "Custodial account".
- Custodial_account wikiPageUsesTemplate Template:Reflist.
- Custodial_account subject Category:Personal_finance.
- Custodial_account hypernym Account.
- Custodial_account type Book.
- Custodial_account type Field.
- Custodial_account type Redirect.
- Custodial_account comment "A custodial account is a financial account (such as a bank account, a trust fund or a brokerage account) set up for the benefit of a beneficiary, and administered by a responsible person, known as a custodian, who has a fiduciary obligation to the beneficiary.In one form, a custodial account is an account set up for a minor, because the minor is under the legal age of majority. The custodian is often the minor's parent.".
- Custodial_account label "Custodial account".
- Custodial_account sameAs Q5196332.
- Custodial_account sameAs m.027pvbf.
- Custodial_account sameAs Q5196332.
- Custodial_account wasDerivedFrom Custodial_account?oldid=609634141.
- Custodial_account isPrimaryTopicOf Custodial_account.