Keith V. Abramson, JD is a graduate of Tulane University, The University of Connecticut School of Law and Main Event Management Institute and a resident of Santa Barbara, CA.. He is the author of over 200 publications and is a well known expert in estate, business, tax, insurance and financial planning. In the high end planning arena, he is best known as the creator of the Reverse Split Dollar Technique and the Abramson Oral Trust Technique. An experienced child performer, his first acting job was a national Tide Detergent commercial in the early 1960's. He can be contacted at Keithva99@Yahoo.com.
The purpose of this book is to provide specific and unbiased information on the California Family Code Sections that spell out the investment limitations and opportunities for the earnings of a minor required to be set aside in a Blocked Trust account.
The "Coogan Accounts" and "Coogan Laws" are named after child actor Jackie Coogan, later known as "Uncle Fester" in the Addams Family T.V. Show. As a child he earned millions and his parents spent it. California then changed its law. This book details how to set up and manage required "Coogan Accounts" to protect part of a minor's earnings.