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TRANSFER under the ALASKA UNIFORM CUSTODIAL TRUST ACT

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TRANSFER under the ALASKA UNIFORM CUSTODIAL TRUST ACT

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when it comes to transfers to minors custodial accounts are the lowest hanging fruit however there's special care that needs to be taken as to who acts as custodian and how the income of the custodial account is used i'm griffin bridgers and this is 10 minutes with griffin today's episode episode 226 explores some pitfalls with custodial accounts we'll look at some various irs revenue rulings especially revenue ruling 70-348 in support of our exploration of should a donor be a custodian or become a custodian as always this presentation is not intended to substitute for legal or tax advice and is provided for educational purposes only so why do i do what i do it's because i love speaking and teaching that's my passion so if you'd like an in-person or a virtual speaker for your firm organization or event please email me at griffin.bridgers gmail.com back to our presentation so children who are unemancipated minors lack the authority

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