It is important that the money in your child’s Coogan account earn at the best possible rate. It is also important that banks not deduct fees from your child’s Coogan account. If your child’s account is not growing, then it is time to transfer that account to another financial institution. Fees Can Deplete Your Child’s Coogan …
Tag Archive: Financial institution
Feb 18
Can a Bank Deduct Fees from a Coogan Blocked Trust Account?
Understanding exactly what a Coogan blocked trust account is and how it works is no easy feat for a parent of a child actor or model. Many employees at banks are just about as clueless about Coogan accounts as you probably are, and some are even more so. In fact, finding the information you …
