By Jason Palmisano A Uniform Transfers to Minors Act (UTMA) account is a custodial account established for the benefit of a minor. The property in an UTMA account belongs to the minor but is controlled by a custodian until the UTMA account terminates.  An UTMA account created by an individual, or pursuant to the terms … Continue reading New Florida Statute Permits UTMA Accounts To Age 25