Bank Account of a Young Child - Prozbul
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Question
My son was injured in an accident and was awarded compensation, which is in his bank account [I am the guardian and can withdraw at any moment, but I need to present a receipt to the general guardian explaining why it is for the benefit of the son, and in practice, I want to save the money for my son's wedding, with God's help]. What happens with the Prozbul? My son is 4 years old. Thank you very much.
Answer
Shalom and blessings. For young children who have a bank account, since the later authorities are divided on whether the debt is canceled, you as the father should make a Prozbul for him, according to the law that a guardian can make a Prozbul.
Source
Shulchan Aruch (Choshen Mishpat, Siman 67); Tumim (Siman 67, Sif Katan 25); Minchat Chinuch (Mitzvah 474); Azmera Leshimcha (Laws of Shemitah).
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