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Wednesday
Feb 08th
Home arrow Tax Tips arrow Investment Taxes arrow moving UGMA funds
moving UGMA funds E-mail
I placed $1000 in a UGMA Custodial Account for Minors (at a
stockbrokers) and purchased stock for my grandson that is now valued
at $1500. I want to transfer these shares to an educational trust.
The trust will sell the shares and invest in mutual funds. Will the
movement from the UGMA to the educational savings trust create a
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  • Newsflash
    AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday.
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