Utma Age Of Majority By State
Description
How to fill out Arizona Manner Of Creating Custodial Property?
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FAQ
Property can be left to a child in a will or trust under the Uniform Transfers to Minors Act? (UTMA), a law adopted by every state except South Carolina and Vermont.
The age of majority for an UTMA is different in each state. In most states, the age of majority is 21 ? which means that when a child turns 21, the custodianship of assets will end. But in other states, the age of majority is either 18 or 25. The custodian can also sometimes choose between a selection of ages.
UGMA and UTMA are model laws developed and approved by the Uniform Law Commission. All states have adopted some version of either UGMA or UTMA through their state legislatures to allow for the establishment of UTMA/UGMA Accounts.
Definitions of Age Matrix Terms: StateCivil Age of MajorityAge of Criminal Responsibility/MajorityCalifornia1816Colorado1818Connecticut1818Delaware18ranges between ages 14-16 depending on the specific charge48 more rows
Age of Majority and Trust Termination StateUGMAUTMACalifornia1818Colorado2121Connecticut2121Delaware182149 more rows