My kids father passed away this spring. Kids are getting money from him and it was not put in a trust. So my son turns 18 soon and will have way too much cash for a kid. Some will go for college(at least that’s the plan) but what is the best option for keeping this money until tuition is due or he’s older (and hopefully wiser)? I have a financial advisor that charges 1%. But I don’t see my account doing that well in this market so I’m wondering if there are better options where there will be less or no fees for him while his money can grow some.
Submitted October 20, 2023 at 09:45PM by pete5658 https://ift.tt/bFZvYeH
