Uniform Transfers to Minors Act (UTMA): What It Is and How It Works

The Uniform Transfers to Minors Act (UTMA) is an act that allows a minor to receive gifts such as money, real estate, and fine art without aid.

‘The dead bird under the nest never learns to fly’: Kevin O’Leary once set up a trust fund for his kids — and it stopped giving them checks after college. 3 lessons ...

Like any successful entrepreneur, Kevin O’Leary has had a few mentors along the way. But certain pieces of advice stick with ...