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Property Management for Minors in Estate Planning
When making an estate plan, it’s a good idea to set up property management for your minor children as well as any young people who could inherit from you.
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Setting Up a Trust for a Minor
You can create a child’s trust in your will or living trust to name a responsible person to manage a child’s property.
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Property Managers for Children's Inheritance
Understand the types of property managers for a child’s inheritance, including trustees, UTMA custodians, and property guardians.
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Uniform Transfers to Minors Act (UTMA): How It Works
Learn about Uniform Transfers to Minors Act (UTMA) custodianships, their advantages and drawbacks, and tips for selecting the ideal UTMA account custodian.