Editor’s note: This is the fourth article in a six-part series focused on paying for education using smart financial and estate planning. Part one is Direct Tuition Payments: A Tax-Efficient Way ...

Saving money for your child's future is a noble goal for any parent, but the time eventually comes when money switches hands. UTMA and UGMA accounts go to the child when they are 18 or 21 years old, ...

UTMA and UGMA accounts go to the child when they are 18 or 21 years old, depending on the state. Your child will eventually have access to a high amount of money. They’ll have to get a job or ...

Parents, grandparents and others who wish to invest in the future of a child they love are often drawn to the idea of opening UTMA custodial brokerage accounts to provide a financial head start.