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by aidenn0
5035 days ago
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Ah, that makes a lot of sense. Is there a process for using money for the beneficiary before they reach majority? That seems the only downside of not having one of the parents retain custodianship (which is bad tax-wise if they die). It's not really a big deal for me, since I'm using my kids UTMAs as college-savings/nest-egg and have no plans of using it before they are 18. |
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