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Reply to "If your kids have UTMAs"
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[quote=Anonymous][quote=Anonymous]We have three kids and each of them utmas funded by a grandparent. There is a wide gap in our kids ages resulting in a wide gap in the UTMA value. The oldest kid has close to 230k in his utma, second 168k. The third kid just 70. (The oldest kid has 20 plus years with the utma invested. The the grandparent died when the youngest was four or five.) We are struggling with the disparity. Do we even it out somehow? Do we tell them about the difference? [/quote] As someone in this situation you should go to bat for your kid and do your best to get the accounts evened out before the remaing grandparent dies.[/quote]
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