Home > Terms > English, UK (UE) > Uniform Gifts to Minors Act (UGMA)
Uniform Gifts to Minors Act (UGMA)
Legislation that provides a tax-effective manner of transferring property to minors without the complications of trusts or guardianship restrictions.
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- Part of Speech: noun
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- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
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