Investments Held In Trust
warlord at MIT.EDU
Mon Oct 4 09:22:27 EDT 2004
Honestly it doesn't matter. Do whatever is easiest for you.
If that's not sufficient, I'd suggest you ask an accountant.
BruceG <griffisb at bellsouth.net> writes:
> Hey all,
> I have 3 different trust accounts for my kids. This is in my and my wife's
> name, held in trust for our kids for college. I also have a separate savings
> account for each kid.
> How would I represent this in GnuCash? Would I put it under my main GnuCash
> account, or create a separate GnuCash data file for each kid? Up until last
> year, we included each of them when we filed taxes. Last year we reported
> them as belonging to each kid (income was low enough per kid so they didn't
> have to pay taxes).
> My thought is to create the accounts under my main GnuCash file and just mark
> the accounts as held in trust.
> gnucash-user mailing list
> gnucash-user at gnucash.org
Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
Member, MIT Student Information Processing Board (SIPB)
URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH
warlord at MIT.EDU PGP key available
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