A financial planner suggested that I take the UGMA's that I have for my two children out of the UGMA status and convert them into regular stocks. I don't mind the UGMA's being in their name. Do you know why he might have suggested this? Is there any good tax reason for taking money out of an UGMA?Thank you.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings E