Uniform Gifts to Minors Act
id:
uniform-gifts-to-minors-act-255-2352806
title:
Uniform Gifts to Minors Act
text:
The Uniform Gifts to Minors Act (UGMA) is an act in some states of the United States that allows assets such as securities, where the donor has given up all possession and control, to be held in the custodian's name for the benefit of the minor without an attorney needing to set up a special trust fund. This allows a minor in the United States to have property set aside for the minor's benefit and may achieve some income tax benefit for the child's parents. Once the child reaches the age of matu
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Uniform_Gifts_to_Minors_Act
date created:
date modified:
2022-04-08T11:35:29Z
main entity:
{"identifier":"Q7885044","url":"https://www.wikidata.org/entity/Q7885044"}
image:
fields total:
13
integrity:
13