Which of the following is a characteristic of an intrafamily transfer utilizing a Uniform Gift to Minors Act (UGMA) account? Income from the account in excess of $2,500 for a child subject to the kiddie tax is taxed at the parents' marginal income tax rate. B) Income from the account in excess of $2,500 is taxed at the childs earned income tax rate if the child is subject to the kiddie tax. C) A custodian for the account is named as a result of formal court proceedings. D) A trust for the account is drafted in accordance with individual state law.