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re: Putting money in mutual fund acct with relatives
Posted on 2/24/13 at 8:31 am to LaFBfan
Posted on 2/24/13 at 8:31 am to LaFBfan
quote:
Close relative will be no disputes, but does this accomplish anything better than having two seperate accts?
So you think...
The mantra never go into business with family or friends def applies here.
Unless you get a lawyer involved and make a "Trust" and allocate 60% to you and 40% to them, I wouldn't do it.
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