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UTMA, UGMA and 529 Plans Compared

  Рет қаралды 9,101

ACap Advisors & Accountants

ACap Advisors & Accountants

Күн бұрын

Пікірлер: 11
@ACapReCap
@ACapReCap 2 жыл бұрын
ACap will not respond to comments seeking tax or financial advice. Please consult a CPA or CFP who is familiar with your individual circumstances.
@michaelbetanzos6172
@michaelbetanzos6172 4 ай бұрын
Fantastic video - thank you!
@ACapReCap
@ACapReCap 4 ай бұрын
Thank you. Glad you enjoyed it!
@carolinapm508
@carolinapm508 8 ай бұрын
Very informative. Thanks for the info
@ACapReCap
@ACapReCap 8 ай бұрын
Thank you!
@mmchang782
@mmchang782 2 жыл бұрын
very useful information, Thank you!
@tonybelleo1895
@tonybelleo1895 2 жыл бұрын
I chose the utma
@t.g.c9311
@t.g.c9311 8 ай бұрын
couldn't you technically get the kids to sign power of attorney over to you at 18 anyway and maintain control over the account?
@peerguy
@peerguy 6 ай бұрын
You could. Essentially the kids would make you the custodian, if they choose to do so
@zacdeen27
@zacdeen27 11 ай бұрын
Say I wanted to invest money in an account for my children that I own but plan to allow a group of trusted friends & family to approve or deny what the funds are used for. The idea being that if our kids don’t want to go to college or tech school however they show potential and responsibility, they could pitch their idea to the “board” of friends and family to approve or deny. Is there a certain type of investing account for that theoretical idea?
@markstone6263
@markstone6263 Ай бұрын
sounds like you would want to set up a revocable living trust to create something that specific
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