Saving for College

Custodial Accounts (UTMA/UGMA)
Assets in a custodial account belong to the minor. A custodian, usually an adult relative, controls the assets until the minor reaches the age set by state law (21 in most states).

Assets in a custodial account can be used to pay for…


Find the full article at http://fpsparkmancpa.blogspot.com/2018/05/saving-for-college.html

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