The Ultimate Gift | UGMAs and UTMAs Explained

Neighborhood Money

English - December 06, 2021 16:00 - 32 minutes - 22.6 MB - ★★★★★ - 25 ratings
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UGMAs and UTMAs can be the ultimate gift that keeps on giving for the children in your life. In this episode of Neighborhood Money, Drew and Cavan explain what an UGMA and UTMA are, the pros and cons, and how these custodial accounts can be an excellent gift for your loved ones. Also, find out what the average net worth of an 18 year old is and what famous movie was released on this date in 1964. The hills are alive...with some holiday spirit joining the neighborhood!