I’m considering leaving a QR code for a custodial investment account (for a minor) and wanted to see if there are any potential downsides or risks I might be overlooking. The idea is to make it easy for friends, family, and even strangers to contribute instead of giving traditional gifts, but I’m unsure about security, privacy, or tax implications. Has anyone done something similar, and are there best practices to follow when setting this up?
Besides the tackiness of course. 😅