Also, investments in UGMA / UTMA accounts should be carefully managed to avoid high amounts of income and capitals gains for the child in order to avoid triggering Kiddie Tax rules, where income will be taxed at the parent's tax rate. (HyllandCapital.com)
The expanded kiddie tax law now makes UGMA and UTMA a poor choice for college savings. (freemoneyfinance.com)
A once - in - a-lifetime kiddie tax loophole made intergenerational transfers even more appealing. (freemoneyfinance.com)