Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "If your kids have UTMAs"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Many of these replies suggest children of wealthy parents. Keep in mind that depending on what the timeline is for intended use of the UTMA funds, your child may be better off inheriting shares directly from you with a corresponding step up in cost basis. I.e. if you're wealthy enough to be funding substantial UTMAs, you may also be wealthy enough to directly assist with your kids' cash needs in their 20s, rather than having them realize taxable gains in their UTMAs at that point.[/quote] Our kids likely wont inherit from us until they are in their 60s. The UTMA is for their 20s and 30s. And as dor kids realizing taxable gains from UTMAs in their 20s, far better for them to do that at 0% or 15% than for us to do it at 23.8%.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
