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Financial Planning / Paying For College

URL:  https://boards.fool.com/your-child-must-be-of-legal-age-in-your-state-15541582.aspx

Subject:  Re: Parent vs Child Assets Date:  8/10/2001  1:57 PM
Author:  Gary11112 Number:  4190 of 8558

...your child must be of legal age in your state in order to gift money to anyone.

Thanks. I would assume that the age at which a UGMA account transfers to the child in a state is the same as legal age in the state, but I'll check before he does anything rash.

Gary
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