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The Uniform Gifts to Minors ActUGMA) allows minors to own property including securities.

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Interested in opening an E TRADE account E TRADE account types include brokerage, Roth and Traditional IRAs, managed accounts, business accounts, and more. What is theUniform Transfers To Minors Act UTMA' The Uniform Transfers to Minors ActUTMA) allows a minor to receive gifts, such as money, patents, royalties.

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