The Uniform Transfers to Minors Act (UTMA) is an act that allows a minor to receive gifts such as money, real estate, and fine art without aid.

Whitaker Wealth explains 529 vs UTMA accounts, showing how families can save smartly for college with tax benefits and flexibility.

If you want to start building a savings early on for your child, the perfect vehicle to do that is through a custodial account. These accounts make it possible for parents, grandparents or other ...

Many parents and grandparents want to set money aside for a child’s future but aren’t sure of the best way to do it. One option that often flies under the radar is using a UTMA (Uniform Transfers to ...