Berkeley CSUA MOTD:Entry 41022
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2026/05/23 [General] UID:1000 Activity:popular
5/23    

2005/12/14-16 [Computer/SW] UID:41022 Activity:nil
12/14   I want to open up an investment account for my 1 year old niece
        and put money in it every year and run it with her as the
        owner. Any suggestions?
        \_ There is something called a UTMA (other states have similar) where
           it is an account in the name of a minor, but under the custodian-
           ship of an adult.  The kid may have to pay taxes on investment gains
           but I think it's basically what you're looking for.
2026/05/23 [General] UID:1000 Activity:popular
5/23    

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