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Articles Posted in Custodian misconduct

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Know Your Custodian – Uniform Transfers and Gifts to Minors Acts

The Uniform Transfers to Minors Act (UTMA) and Uniform Gifts to Minors Act (UGMA) allow adults to give or transfer assets to minor beneficiaries. The slight difference between the accounts is that the UGMA is limited to financial assets while the UTMA includes any tangible or intangible assets. These accounts…

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