Took me ages to get there again

Established in order to allow gifts to children from parents, grandparents and other guardians, the Uniform Gifts to Minors Act (UMGA) was the first act to allow investing in stocks, bonds and mutual funds. When originally established, the act provided for irrevocable gifts to children in order to allow easy transfer of assets that would …

Continue reading ‘Took me ages to get there again’ »