An UGMA account allows a minor to own cash or securities and an UTMA account allows minors
Question:
An UGMA account allows a minor to own cash or securities and an UTMA account allows minors to own cash, securities, and real estate.
a. True
b. False
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Related Book For
Fundamentals Of Financial Planning
ISBN: 9781936602094
3rd Edition
Authors: Michael A Dalton, Joseph Gillice
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