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Reply to "if your parents have an UTMA account for your kids..."
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[quote=Anonymous]UGH!? I hate these accounts! Both of my parents (now divorced) have them for DD. It's a pain to get the tax information, it's a pain to get the end of year balance (required for the financial disclore forms those working in the IC fill out) and it's a nightmare to think about how much money my kid could get free and clear when she turns 18.[/quote]
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