Banking Basics: Savings for Infants and Garnishment Rules

Opening a savings account for an infant grandchild can secure their financial future. Learn about the legal implications of garnished accounts and how to cash checks without a bank.

How to Open a Savings Account for an Infant Grandchild

Published Jun,13 2017 | By Nicholasp

The birth of a new child is both a wonderful experience and a great responsibility. Infants come with many expenses, and most of the financial burden falls on the parents. Grandparents are able to provide a foundation for their grandchild&#039;s future by starting a savings account for him.