Pros and Cons Of Custodial Accounts

WMUR Channel 9 of New Hampshire has posted an interview with Marc Herbert, president of The Harbor Group, Inc., a registered investment advisor, titled "Money Matters: Pros, Cons of Custodial Accounts." The article discusses how setting up a custodial account can be an option for parents who want to gift their assets and help their children become financially independent.

Posted by Brian Spring, Associate Editor, Wealth Strategies Journal.