Are UGMA and UTMA accounts still good choices?
Uniform Transfers to Minors Act (UTMA). You can use our college Q: Are UGMA and UTMA accounts still good choices? CollegeAmerica Account Change Request Form Instructions on 529 accounts funded with UTMA/UGMA assets. UTMA/UGMA custodians may not change a CollegeAmerica account funded with UTMA/UGMA assets. • UTMA/UGMA Successor Custodian Designation Form (PDF ) the following): □Uniform Transfers to Minors Act (UTMA) for the following state OR □Uniform Gifts mm/dd/yyyy) Signature of current custodian UTMA/UGMA Successor Custodian Designation Lit. No .
