Savings for Every Child - Whose Are They?
Question
Hello,
In the National Insurance savings program for every child,
the funds can be withdrawn when the child reaches the age of 18.
To whom do these funds belong according to Halacha?
To the parents or the child?
Answer
Shalom and blessings
The money belongs to the child, but it is appropriate to give it to the parents if they request it
Comments
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