SS&C Blog

BLOGS. January 19, 2023

UGMA/UTMA Maturation: How Are You Handling It?

You wake up tomorrow and discover you’re the beneficiary of some financial assets. It’s like winning the lottery. Then you dig a little deeper. You realize that you could have come into ownership of the account several years ago. Perhaps you would have kept the account, actively managed and invested in it, and seen the assets grow even larger than what they are currently. Then you wonder why you were never notified.