Their UGMA account will legally transfer to your child when they reach the “age of majority.” The specific age of transfer is determined by each state and may be anywhere from 18 to 25.
Written by Glenda Bean
Updated over a week agoTheir UGMA account will legally transfer to your child when they reach the “age of majority.” The specific age of transfer is determined by each state and may be anywhere from 18 to 25.