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UTMA

   Also found in: Financial, Wikipedia 0.51 sec.
AcronymDefinition
UTMAUniform Transfers to Minors Act (US)
UTMAUnited Telephone Mutual Aid Corp. (Langdon, ND)


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? References in periodicals archive
One form of trust, or account, is set up under the Uniform Trust for Minor's Act, or UTMA.
Trusts, partnerships help wealthy take sting out of taxes. ... by Bronstad, Amanda / Los Angeles Business Journal
With a Uniform Transfers to Minors Act or UTMA account, you have the advantage of being able to choose your investment options, however, there are many drawbacks.
Sec. 529 Planning with college savings plans. (FinancialPlanning) by Franklin, Joyce L. / California CPA
A UTMA holds, invests, and reinvests money until the child turns age 18 or 21.
A LASTING LEGACY by BROWN, CAROLYN M. / Black Enterprise
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