E289: UGMA and UTMA Accounts – What Parents Need to Know Before Opening One cover art

E289: UGMA and UTMA Accounts – What Parents Need to Know Before Opening One

E289: UGMA and UTMA Accounts – What Parents Need to Know Before Opening One

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 If you're looking for ways to save and invest money for your child's future, you've probably come across UGMA and UTMA accounts. These custodial accounts have been around for decades and remain popular options for parents who want to build wealth for their kids. But popularity doesn't always equal the best choice for your situation.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.