What is the legally recognized age of owning stock, if near is one?



Answers:
You can justifiably own stock the moment you are born. To buy a stock, however, you hold to enjoy a contractual relationship, and since minors can't variety contracts, no broker will permit minors start accounts. Someone else have to buy the stock and provide it to the minor, if not set up a trust fund sketch for the minor.
First response is correct. It is done using the Uniform Gift to Minors Act, and I used it to contribute some stock to my children. Your brokerage will know how to assist next to details.
I believe it is 21.


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