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URL:  https://boards.fool.com/as-always-folks-on-the-fool-are-such-a-terrific-34249575.aspx

Subject:  Re: UGMA Drip Account/minor now adult Date:  7/13/2019  7:25 AM
Author:  nagdabbit Number:  129488 of 129771

As always, folks on the fool are such a terrific resource!

Hadn't thought of this -
wash your hands of it. He can decide if he wants to keep reinvesting dividends
I know he wouldn't be inclined to keep track of the cost basis going forward, but without reinvesting he wouldn't have to.

And wish I had thought using the account to help fund college (which we took care of...)

I'll get the transfer going and explain his choices to him.

Thanks much!

nag
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