What Can Go Wrong – Naming a Beneficiary
Prairie Eco-Thrifter
JULY 16, 2017
Their guardian will have control of the money they are to inherit. If you haven’t set up a will and designated a guardian, the courts might appoint a stranger as his/her guardian and your money might not get spent on that minor beneficiary. Alternately, the money might be tied up until the child is 18.
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