Utma custodial account now adult

Terry Says

It’s time to take your daughter to the bank, and using her identification open a new account in her name –and transfer the money to her! If you’re worried about how she will spend it, you can probably delay doing this for a year or two!!

But if it’s time to teach her financial responsibility, then just remember the old Savage Truth: “The lessons that cost the most, teach the most!”