Immigrants may hold, in a capacity as a “custodian” or “trustee,” assets for a child who is a U.S. citizen (“citizen child”) in the hopes that the citizen child will have a greater ability to protect the assets under U.S. law. Immigrants may also hold significant assets in their own name that they desire to leave to their citizen child upon deportation.
This section highlights certain issues related to the protection of assets for the benefit of a citizen child (or children) and provides general guidance, including:
- Checklist: Assets and Benefits of Minor Children
- The Effect of Deportation on Your Child’s Assets and General Considerations for Protecting Those Assets
- Specific Considerations for Protecting Certain Common Assets
- Unclaimed Property Laws
Each Chapter is intended to provide generalized information on a particular topic. In many cases, laws may differ from state to state. Therefore, this information is not intended to replace state-specific legal assistance. Nothing in this manual is intended to create an attorney-client or fiduciary relationship.