answersLogoWhite

0


Best Answer

709 gift tax not filed with 706 is estate still liable from 2011

User Avatar

Wiki User

6y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How often to custodians steal UTMA accounts?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How many custodians can you have on a UTMA account in Texas?

654, ecxept in Montana its 765


What is the NJ statute for UTMA bank Accounts?

What is a UJMA account?


What is the age for utma transfer in NJ?

18


What is the UTMA age of termination in Georgia?

21


Is there a penalty for not transferring a UGMA UTMA account to the child when heshe reaches the age of majority?

Is there a penalty for not transferring a UGMA UTMA account to the child when heshe reaches the age of majority?


Can you switch your granddaughers UTMA AL to a Texas 529?

Yes I can.


What is the age of majority in New Jersey in regard to a UTMA account?

21


What taxes are paid for a withdrawal on an UTMA account in NJ?

The taxable amount of the distribution will be subject to the marginal tax rate of the owner of the UTMA account in NJ when the 1040 federal income tax return is completed correctly.


What is a qualified expense for an utma distribution?

books, summer camp, high school tuitioj


UTMA Vesting Age?

The Uniform Transfers to Minors Act (UTMA) does not specify a specific age for vesting. It allows assets to be held in a custodial account for the minor until they reach the age of majority, typically 18 or 21, depending on the state. At that point, the assets are transferred to the minor's control.


What is the age for UTMA transfer in Texas?

If the account was created before September 1, 1995 the age is 18 under grandfathered UGMA law. If the account was created AFTER September 1, 1995, the age of termination is 21. http:/www.finaid.org/savings/ageofmajority.phtml http:/www.fairmark.com/custacct/index.htm See above links for further info.


Georgia legal age to take control of ugma?

In Georgia the age of majority is 18, however the age of termination of a UGMA or UTMA is 21.