{"id":960,"date":"2020-02-13T06:34:00","date_gmt":"2020-02-13T11:34:00","guid":{"rendered":"https:\/\/actec.matrixdev.net\/?post_type=video&p=960"},"modified":"2023-10-24T14:30:22","modified_gmt":"2023-10-24T18:30:22","slug":"transferring-assets-to-a-minor-child","status":"publish","type":"video","link":"https:\/\/actec.matrixdev.net\/resource-center\/video\/transferring-assets-to-a-minor-child\/","title":{"rendered":"Transferring Assets to a Minor Child"},"content":{"rendered":"\n
Transferring assets to a minor child typically requires establishing a custodial account or trust managed by an adult custodian or trustee until the child reaches the age of majority. This ensures the minor’s financial well-being and compliance with legal regulations governing minors’ ownership of assets.<\/p>\n\n\n\n
ACTEC Fellows Jonathan W. Michael<\/a> and Sandra L. Perkins<\/a> explain more about how to transfer assets to minor children, the Uniform Transfers to Minors Act (UTMA), 529 plans, naming a caregiver for a minor child in a will and more.<\/p>\n<\/div>\n\n\n\n