Is An UTMA A Good Tool For Transferring Assets To Minor Children?

Consider This Program with Joe Clark, CFP and Aaron Rheaume.
In this segment we will cover:

Uniform Transfers To Minors (UTMA) provides a mechanism for investing assets for minor children. The age of the majority varies from state to state. Indiana’s age of majority is 21 and at that point, the child has total access to the investments without any restriction or oversight from the original donor.

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