Who is the account owner?
The account owner is generally the person who opens the account. They own and manage the account for as long as they are the account owner. At any point, the account owner can add or change the beneficiary, change the account owner to someone else, or choose a successor owner to take over the account if something were to happen to them. A beneficiary can also be an account owner. If the account owner is a minor you must also name an account custodian.