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  book-img-for-question

Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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