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What residents need to know about how children inherit property

What You Need to Know About Managing Property for Children in Your State

Children can't inherit more than a small amount of property directly. Find out how State allows you to handle a minor's inheritance.
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Updated: 2020-09-14
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Until a child is eighteen years old, they can't inherit property in their own name.  Instead, an adult needs to manage that property until the child can manage it for themselves.

A child can inherit property in several ways. If a person dies, and leaves behind a Will or a trust, and names that child as the beneficiary, then it will be the Trustee's job to manage that child's property according to the terms of the document. If a person dies and makes a gift to a child under that person's state's Uniform Transfers to Minors Act, the child's money will be placed in a custodial account for that child's benefit to a certain age. Finally, if a person dies and leaves money to a child directly, or names that child as a beneficiary of a life insurance policy or a retirement account, a court will need to appoint a property guardian to manage that child's money to age eighteen.

Click on the state-specific article below to learn how custodial accounts work in your state.


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Learn about the resources available to you at the probate court in your county.

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