@Jaclyn PeytonYou have couple options: You can create a custodial self-directed IRA, in which case the funds and all investments are held by the custodian and you direct them what to do.

But you can't use your IRA money as that's not your's that's the custodians custodial account (your only the beneficiary), but you can lend your self-directed IRA money out with a bank account that matches the name of the company etc.Interestingly, this appears to be one of the most bipartisan bills passed.

The problem with asbestos is there is no escape, it is not like a plumbing problem when there is a leak, someone else can fix it. there is a ton of paperwork needed to be done, and the disposal chain of custody report plus air quality test result is your only ticket to get away with liability.

Find your power hour and take custody.- Develop a metric for return on time, RoT. 

Also I would  get an older person in my family to open up a custodial account for me so I could start putting some money in the stock market. 

If you're just looking to park cash for a couple years, rather than immediately reinvest it in real estate, and have low risk tolerance, maxing out gov't I bonds (the I is for inflation) may be a no brainer right now.Generic article below, but TLDR is you can buy up to $10k per SSN per year, inclusive of custodial accounts for any kids you have.

@Edwin Epperson, while a Solo 401k does NOT have a custodial requirement, many Solo 401k plans have a custodian anyway.

I am potentially making this move to be closer to my kids school(shared custody) and I want to spend more time with them.

Two common complaints among those who have these custodial accounts are:The fee schedules are fairly comprehensive and fees add up quickly for higher value accounts or those with transaction-heavy real estate investments.It is inconvenient to have to make requests to the custodian when a transaction needs to be processed and the wait times can negatively affect the acquisition or management of investments.Adding an LLC to the self-directed IRA is a popular strategy to alleviate both complaints.

Well, the owner is in custody without bail as an alleged armed robber.