What are UTMA and UGMA accounts? Are there better alternatives? Read on to learn more about these accounts, their drawbacks, and better alternatives.

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Raymond German, Estate Planning Attorney

Latest posts by Raymond German, Estate Planning Attorney (see all)

When Does a Trust Terminate? - January 26, 2021
Do I Need a Memorandum of Intent for My Special Needs Trust? - January 21, 2021
Can a Trust Be Contested? - January 19, 2021

TESTIMONIALS

Considerate and Caring

Client Review

August 24, 2020

Needed to come in to get specific advice for our needs. The attorney spoke to us in terms we could understand, coming to our level and did not make up feel uncomfortable. They were very considerate and caring. We didn’t feel rushed. We felt like they cared and knew what they were doing.

Wonderfully Satisfied

Client Review

August 24, 2020

We were wonderfully satisfied. Wayne did an outstanding job of explaining, diagramming and answering questions and concerns.

Efficient

Client Review

August 24, 2020

They were courteous, efficient, knowledgeable, and trustworthy.

Confident in the Firm

Client Review

August 24, 2020

Very helpful. Our children and us are are confident in your group.

Professional

Client Review

August 24, 2020

"Very professional, covered all, expertise, friendly, peace of mind now."

Very Friendly

Client Review

August 24, 2020

So much of a client's high or low opinion of an organization depends on their welcomed feeling. I felt that every time I visited the office, every person I talked with listened and took action on my concern or questions! They were also very friendly.

Kindness, Respect and Understanding

Client Review

August 24, 2020

From phone calls to signing the final documents I was treated with respect, kindness, and understanding by Wayne & Jenn. Every business that wants their business represented well should have someone like Jenn & Wayne. They both made me feel relaxed and assured I was at the right place at the right time at this time in my life.

Completed in a Timely Matter

Client Review

August 24, 2020

All of the paperwork was completed in a timely matter. Wayne was very good in explaining the trust to us.

Very Helpful

Client Review

August 24, 2020

Thank you for taking care of my finances after I am gone. I worried about probate once; hopefully this has been solved. Everyone was very polite and helpful. Thank you Katie for answering my questions, and also Jenn.

Anthony G., Los Angeles, CA

Client Review

August 24, 2020

This Avvo rating is killer and so deserved! You are the best brother! The only thing is I think the 10 rating is too low, in my book you go to 11! Congratulations on the award, you should be very very proud. See you at your Holiday party, thx for the invite.

A.W., Red Lake Falls, MN

Client Review

August 24, 2020

Everyone at German Law Group was helpful and pleasant. I felt good about my decision, I thought I was doing the right thing for myself & my family. Wayne took his time and didn't rush, which is good because a lot of this can be over people's heads.

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What are UGMA and UTMA Accounts?

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