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If I transfer assets to a child or grandchild under the Uniform Transfer to Minors Act do they remain part of my estate for Federal Estate Tax purposes?

April 26, 2017ACT assets child Estate estate tax Federal grandchild minors remain transfer Uniform

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If I transfer assets to a child or grandchild under the Uniform Transfer to Minors Act do they remain part of my estate for Federal Estate Tax purposes?

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Generally, yes, if you are the custodian. Naming another person custodian will allow you to exclude the assets from your taxable estate.