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Age of Majority by State StateUGMAUTMA Idaho 18 21 Illinois 21 21 Indiana 18 21 Iowa 21 2149 more rows
How does custody work in Idaho?
A parent is always free to move, but if a parent wants to take the children along, over the other parents objection, the matter will end up in court, where a judge will decide if the children should relocate as well. The judge will look at the history of the case.
What is the age of majority for UTMA in Idaho?
Idaho law presumes that joint custody is in your childrens best interests. Rarely do Idaho courts name one parent the sole legal custodian. Your attorney understands the subtleties of the various forms of custody and can help you arrive at a schedule that is in your childrens best interests.
What happens to UTMA when a child turns 25?
technically a UTMA automatically terminates when the child reached his/her majority. usually 21. at that age or maybe even 18 (depending on state law) the UTMA a/c should have been closed and the assets transferred to an a/c solely in her name.
What are the age of majority rules for UTMA?
When Can a Child Claim Ownership of an UTMA Account? Depending on the state, a UTMA account is handed over to a child when they reach either age 18 or age 21. In some jurisdictions, at age 18 a UTMA account can only be handed over with the custodians permission, and at 21 is transferred automatically.
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