It is a great way to make a difference one child at a time.

They did not want to pull their child out of school, or they had joint custody and did not want to move too far from ex-spouse for their exchanges.

I could not find one that will allow two names on the account, but only allow one to withdraw.Justin,As I stated, I have not actually done it so I don't have a specific bank to refer you to, however, I do know that most banks have custodial accounts for example, you open a savings account for your child in which you are the custodian of the account.

That tenant was able to run up a $4K-$5K gas bill (that of course she wasn't able to pay), because law prevented the gas company from turning off the gas during the winter (because the tenant had a newborn and an elderly relative staying with her).The point is I agree 100% with Mike, Rich, and the others about tenants paying their own utilities.

Although interest rates for owner occupants are at all time lows, in order to get them these days, you need excellent credit, provable income, and sign over your first born child to get them.

This would mean you would form the “parent” series LLC, but it can form unlimited “child” series, which are treated as separate entities.

Growing up as a foster child in Cincinnati I found myself living in many different homes feeling like owed something to the different people overseeing me.

Today my tennants asked me if they could add a friend and her child.

That means that the minor children may be paying a lower rate than the parents; although it would not take much income to get to the top tax rate so it is also possible that the child could be paying more. 

And if you have kids, not just guardians, but temporary guardians like your babysitter or neighbor who can take care of your children while the long term guardian arrives, That way you avoid child services and the long court system.