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Subject:  Re: Why Not Take Gains in UTMA? Date:  2/9/2013  9:23 AM
Author:  TMFPMarti Number:  117703 of 129792

So back to my original question, is there any good reason to not shift between funds in my daughter's UTMA to take long term gains? This appears to be a good strategy to reduce future taxable income by 10's of thousands. Other than filing another simple tax return, it seems like a no brainer.

Seems fine to me. While we're on the subject of no brainers, why in the world do you have a bond fund in a 12 year old's account?

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