2024年11月5日 · The term Uniform Transfers to Minors Act (UTMA) refers to a law that allows a minor to receive gifts without the aid of a guardian or trustee. Gifts can include money,...

2024年3月25日 · UTMA and UGMA accounts are types of custodial accounts that allow you to save and transfer financial assets to a minor child without establishing a trust. UTMA stands for Uniform Transfers to Minors Act, and UGMA stands for Uniform Gifts to Minors Act.

2021年9月13日 · What is a UGMA or UTMA account? UTMA and UGMA accounts are taxable investment accounts set up to benefit a minor but controlled by an adult custodian (parent, guardian, relative, etc.)...

At Fidelity, the UGMA/UTMA brokerage account offers comprehensive trading and a wide range of investments, including stocks, bonds, mutual funds, exchange-traded funds, options, CDs, and more. Here are the logistical details: The adult custodian opens the account for a specific child.

6 天之前 · The Uniform Transfers to Minors Act (UTMA) provides a streamlined method for transferring assets to minors without requiring a formal trust. It facilitates the gifting or bequeathing of assets such as cash, securities, and real estate to minors, ensuring these are managed until they reach adulthood.

2021年10月1日 · UTMA accounts, named for the Uniform Transfers to Minors Act that governs them, offer a tax-advantaged way to gift assets to minors without the expense of setting up a trust.

2024年10月9日 · The Uniform Transfers to Minors Act, or UTMA, is a law that allows minors to receive gifts without the need to establish a separate trust. As long as there is an appointed adult...

2024年7月19日 · UTMA accounts are a type of custodial account that accepts gifts to minor beneficiaries. An UTMA account is similar to an UGMA account in many ways. Adult donors can make...

2023年7月12日 · A UTMA account is a custodial account established under the Uniform Transfers to Minors Act. It is a way for adults to transfer assets, such as money or securities, to minors without the need for a trust or other complex legal arrangements.

What is a custodial account? An account where an adult serves as custodian and holds supervisory powers over the investments. The account will conform to Uniform Gift to Minors Act (UTMA) or the Uniform Transfer to Minors Act (UTMA) rules depending on the state statutes. None. Generally up to age of termination (18 – 21) depending on state rules.