I have looked into it but I also decide to set up there own accounts in a savings. Its just that if they need it wouldn't it be better that you or your child decide what it goes into?
For example Crystal my 9 year old just got type 1 diabeties in nov. and I'm glad we had the extra money in her account. We had to get alot of stuff the insurance didn't provide us. And we would be so screwed if we didn't. Also I want them to have money when they grow up for college or ??? Also if something really reallly bad happens like death then you can grab the money right then you don't have to wait for when they give it to you. Which takes time and you needed it 2 months ago.
You know what I mean?!