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#2270123 - 05/05/22 08:30 PM POD and UTMA
Anonymous
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My understanding is that an UTMA account may not have a named POD beneficiary. If the minor passes the funds would be distributed to the minor's estate or according to state law. Is this correct?

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#2270127 - 05/05/22 09:03 PM Re: POD and UTMA Anonymous
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 79,252
Galveston, TX
Yes - unless State law specifically allows a POD designation.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#2270134 - 05/06/22 12:22 PM Re: POD and UTMA rlcarey
Anonymous
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Thanks

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