this is the real issue. if your child has access to your entire life savings, you've already messed up big time. children and even teens just do not have the capacity to realize the weight of their decisions, and should never be given access to anything more than their own account for allowance or starter-job money. the parents deserve way more blame here than the kid.
Agreed, but at the same time, the parents would have to be ridiculously stupid to link the kids account to their life savings. It's a whole household of dipshits