When is a UGMA account terminated in Texas?

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  • When is a UGMA account terminated in Texas?


Note that the age of termination is not necessarily the same as the age of majority in ... Texas: 18: 21: ... Any UGMA accounts in existence before the ...
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Positive: 73 %
UGMA & UTMA Custodial Accounts. Advertisement. In most states, minors do not have the right to contract, and so cannot own stocks, bonds, mutual funds, ...
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Positive: 70 %

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This page offers a general explanation of custodial accounts for minors, introducing the terminology and basic concepts. ... (UGMA) in 1956.
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Positive: 73 %
Vanguard UGMA/UTMA account ...
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UTMA Regret, Part I. ... ("UGMA"), and some people still refer to them as UGMA accounts although nearly all states now have the newer act.
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Positive: 54 %
An UGMA account (Uniform Gifts to ... Therefore this raises the question of how can you cancel UGMA accounts legally, if needed. Bright Hub ...
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Positive: 31 %

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