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My error was allowing my son to turn 18 while I had college money invested in his name. As soon as he came of age the account locked us all out until we establi
by jakedata 2y ago
My error was allowing my son to turn 18 while I had college money invested in his name. As soon as he came of age the account locked us all out until we established his identity with signed and notarized documents sent via the mail. Once we re-established control over the account we were unable to transfer the funds out without another round of verification involving the bank. All in all it took nearly 6 months to liberate the tuition money we had parked in I-bonds. You have been warned.