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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What is your concern re UTMA/UGMA? That’s what we have and it’s been working fine. [/quote] +1, our kids should have at least 100k+ by the time it is turned over to them. [/quote] +2 A grandparent opened a small UGTM account for our kids; when they aged into it, they were able to sell the whole thing with zero capital gains because they didn't have enough earned income of their own at the time. Kid 1 sold it all and then reinvested the max he could into his Roth, repurchasing some of the same stock but with a higher tax basis. Obviously, this would be different if your kid was earning a lot at 18 or 21.[/quote]
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