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Can one of the Custodians be removed from a Custodial account without closing the account?
Kristy, Egg Harbor Twp
April 29, 2015 09:59:07 PM
In reply to Kristy, Egg Harbor Twp
Thank you for reaching us on TD Helps, Kristy. We'd be happy review options to remove a Custodian from your account.
Typically, since the Custodian is still the only Authorized Signer, they are the only ones allowed to authorize account maintenance. Once the child is of legal age, both may visit us at a TD Store to close the account and disperse the funds as necessary. The child would then be able to transfer the funds into a new account that he or she would have full access to. To take a look at TD Stores near you and their hours please visit http://bit.ly/TDStores.
Feel free to contact us 24/7 at 888-751-9000 for assistance with any additional account inquiries you may have.
We hope this helps, Kristy and have a good night.
Cameron P, Mount Laurel
April 29, 2015 09:59:49 PM