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https://boards.fool.com/as-always-folks-on-the-fool-are-such-a-terrific-34249575.aspx
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| Subject: Re: UGMA Drip Account/minor now adult | Date: 7/13/2019 7:25 AM | |
| Author: nagdabbit | Number: 129488 of 129771 | |
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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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