Jump to content

Finance planning with your adult kids


tybec
 Share

Recommended Posts

May need to consult my financial planner or lawyer about this but maybe one of you have dealt with this.  

My son turns 18 in 6 months!!! 

 

So, as I am not recoupled, was considering putting his name on things so he could access them in case of ER. Like on my checking account.  Maybe on the car title, too.  I have my finances like insurance policy and such in his name as the beneficiary.  But this is different. This would be ICE he would have access to my accounts.  I was on my mother's so I could manage hers.  I know, she was elderly, and it was different.  Anyone do this? It would be only ICE. He is a mature young man. Any downsides? 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.