Family Management

Children, Property Rights and Money

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  1. SueLynn

    According to ‘Lawcheck’ “KENTUCKY: Although an individual may not be considered to reach an age of majority until a specific time under state law, a minor may engage in contracting for necessities and/or other items including employment. Once performance is made, payment shall be made either to or by the minor depending upon whether the payment or whether the benefits to the contract are received or given by the minor. A parent cannot collect a second time when payment has been made to a minor for a service such as an employment service when rendered. A minor may, however, repudiate a contract within a reasonable time after reaching majority. The age of majority in the state of Kentucky is eighteen (18) years of age for all purposes except alcohol. For the consumption of alcohol, the legal age is twenty-one (21) years of age. (See Code Section 2.015.)” So, yes for certain things and under certain circumstances he can make binding contracts. Also, in many families minor children pay part of their ‘upkeep,’ I did, my husband did, our kids did. It is called instilling responsibility. It is gifting them with a sense of reality, something sadly lacking in this world. .

  2. BlessedLittleHomestead

    yes, actually he can. but I’m not going to argue. My family, my decisions.

  3. The Lies You Tell Yourself Amuse Me!

    Good god, he is NOT 18 and therefore cannot enter into any binding contracts. He is still a minor and you are charging him for his “upkeep.” Um….you chose to have him. What kind of a parent makes their minor child pay for a portion of their “upkeep?” You are so gross.

  4. BlessedLittleHomestead

    wekl that’s a bit complex. He is a graduated child. No longer a student. He is 2 months from the “age of majority”. However, he is old enough to enter into binding contracts and because if these factors we treat him like an adult, as should be. He pays his portion of his upkeep, including building his housing which is his.

  5. Roberta

    Why does your minor child pay rent, even if in the form of labor?

  6. BlessedLittleHomestead

    What does one have to do with the other?

  7. BlessedLittleHomestead

    Maybe it’s just how I apply and relay actions. I’m not just keeping my children in line, I’m teaching them proper principles.

    Family chores aren’t paid. They are part of living here. Several people cook, some more than others because they enjoy it.

  8. BlessedLittleHomestead

    I just like to think what lessons my actions teach and how it prepares them for relationships inside and outside of our family. What type of relationship allows one person to have the authority to take take another’s possessions simply because they don’t approve of their behavior?

  9. Jo-ann

    Yes, Lillykate, you are horrible. Lol.

  10. mommylove7

    Kentucky Family Courts are Unconstitutional:

    Nicole, can you please post this on your BLH page on Facebook? Thank you!

  11. [email protected]

    I take things away when my kids are in trouble. Is that bad?

  12. Publiccommentprivatelife

    Why do you refer to your kids in such a sterile way? Offender, restitution, crime? These sound more like court documents than day to day life. Also the one that cooks, does he get paid per meal or per family member that he feeds?

  13. Bill

    New to your blog, but I have to ask ,why is there a pay pal for you, if you are back to being minimalist

  14. BlessedLittleHomestead

    Joann, you took think when I was punished. You threw things away. You used the “this is my house” argument. I’m not the one with a selective memory.

  15. BlessedLittleHomestead

    Betsy, So you believe me when I said I had 4 horses but didn’t believe me when I said we had 4 walls?? Funny.

  16. Betsy

    Not everything, but you commented that you got four horses. Yes, I believed you…?

  17. Lucy

    It’s nice that your family has found a good system that works. Our children are taught young about consequences, keeping someone’s trust, settling most things between themselves and doing their best in all things. It’s working for us. We’ve made adjustments from time to time too.

  18. Joann Fiscus

    Your things belonged to you Nicole. You have a very select memory. Don’t spread stories about what you don’t remember.

  19. zenyaxcanon

    OH I totally agree with kids not having to share their personal stuff unless they want to. I would not like for my child, husband or anyone else to give my stuff to my friends and tell me to share, hahahha

    When my child was young and kids came over there was a box of toys that were share toys, and there were her toys that she did not have to share unless she wanted to,,
    makes sense
    to me.

  20. BlessedLittleHomestead

    Do you believe everything you read on the internet Betsy?

  21. Layla

    Teaching kids the value of work and money is admirable. Saving is important and knowing the difference between what is a need and a want, when you have to spend your own money for it makes it an easier choice. Did Abigail finally get her horse?

  22. Dianne

    I think it is marvelous you are giving your children some money-management skills. It will go a long way to helping them be fiscally responsible adults.

  23. Betsy

    Are all four of the horses Abigail’s responsibility to feed and maintain?

  24. Meagan

    Great post! It’s a really good idea!

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