The Uniform Transfers To Minors Act (UTMA) is a uniform act drafted and recommended by the National Conference of Commissioners on Uniform State Laws in 1986, and subsequently enacted by most U.S. States, which provides a mechanism under which gifts can be made to a minor without requiring the presence of an appointed guardian for the minor, and which satisfies the Internal Revenue Service requirements for qualifying a gift of up to $14,000 for exclusion from the gift tax. It is an extension of the Uniform Gifts to Minors Act (UGMA).The Act allows the donor of the gift to transfer title to a custodian who will manage and invest the property until the minor reaches a certain age.
Posts about Utma
  • Integrating Google Analytics & HubSpot

    … Google brought Universal Analytics (UA) out of beta earlier this year in April. It’s ushered in an exciting new era where integration with Customer Relationship Management (CRM) systems is possible. That kind of integration is the holy grail of web analytics — truly closed-loop reporting, from the time a visitor first hits your website, to when…

    Michael Wiegand/ Portent, Incin Google- 20 readers -
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