Giving young children financial gifts is a great way to help them with the expenses they’ll face as they age. However, cash ...

A UTMA or UGMA custodial account is a flexible investment account that helps minors save and invest. Many, or all, of the products featured on this page are from our advertising partners who ...

HUNTSVILLE, Ala. (WAFF) - When saving for a child’s future, most people consider college funds, like 529 plans. But what if you want to give your child a broader financial foundation? Custodial ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Saving money for your child’s future is a noble goal for ...

It’s important to consider the potential tax consequences of your investment decisions. But what about your children? What kinds of investment options are available to them — and how are they taxed?

Many parents and grandparents want to set money aside for a child’s future but aren’t sure of the best way to do it. One option that often flies under the radar is using a UTMA (Uniform Transfers to ...

Editor’s note: This is the fourth article in a six-part series focused on paying for education using smart financial and estate planning. Other articles focus on direct tuition payments, 529 plans, ...

A custodial account is a savings or investment account an adult opens and administrates on behalf of a minor. The best custodial accounts offer features that matter most to both child and adult ...