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Two signers on a UTMA?

Question: 
My customer wants to put a second signer on a UTMA account? Is this possible?
Answer: 

Not in most states. A couple of states have joint custodians on UTMAs, but they are in the minority. Most states allow only one minor, one custodian.
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Learn more about Deborah Crawford’s webinar Personal Accounts: Vital Questions

First published on 07/10/2016

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