Sorry if info is already somewhere on here. I think I asked this before, but got sidetracked and never did it. Anyways, question is:
Want to set up accounts for some nieces and nephews. They are just kids (under 18). I suppose they would be custodial accounts. Should I set them up as custodial accounts, or would it be better to have their parents be the custodians and then they can just give me the log-in/pass info?
And also, easiest (low cost) broker to do so with?
Big TIA
Lycklig den som varit ung i sin ungdom.