January 4, 2013 8:34 am
I want to start monthly investment in the name of my 3 year old nephew. I read somewhere this can be done only by parents or guardian. So in this case how can I achieve my purpose ?
I am saving for my nieces education. The account is in my name with her as nominee. This along with a will ensures the money goes to her whether I outlive the investment or not.
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