Uniform Gifts To Minors Act | UGMA | What is it?

Uniform Gifts To Minors Act

Uniform Gifts To Minors Act | UGMA

Uniform Gift to Minors Act. Laws adopted by most states allowing an adult to contribute to a custodial account in a minor's name without having to establish a trust or name a legal guardian.

For over 1,000 additional terms and definitions please see our Investment Glossary Guide.

Related to Uniform Gifts To Minors Act | UGMA:


Tags: Uniform Gifts To Minors Act | UGMA, Uniform Gifts To Minors Act, Uniform Gifts To Minors Act New York, define Uniform Gifts To Minors Act Tax, California Uniform Gifts To Minors Act

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.