Custodial Account Comes of Age: How UGMA/UTMA Control Shifts When Minors Turn Adults

When a beneficiary hits the state-set age of majority, custodian authority ends and the young adult gains full, autonomous control—no liquidation, no tax event, just a clean handoff of an intact portfolio.

ndtv-profit-business · 7/3/2026, 4:17:13 AM · Ask about this →