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2. Uniform Gifts to Minors Act - Wikipedia

   en.wikipedia.org/wiki/Uniform_Gifts_to_Minors_Act

   Under the UGMA or UTMA, the ownership of the funds works like it does with any other trust and the donor must appoint a custodian (the trustee) to look after the account for the benefit of the beneficiary. [citation needed] Until 1986, a UGMA or UTMA account allowed the assets to be taxed at the minor's income tax bracket. Tax law changes in ...

3. Texas Tomorrow Fund - Wikipedia

   en.wikipedia.org/wiki/Texas_Tomorrow_Fund

   The Texas Tomorrow Fund is a ... a family purchasing 120 credit hours for a child's entrance to a public college in 2004 paid a total of $10,000 — about $83 per ...

4. Baby bonds - Wikipedia

   en.wikipedia.org/wiki/Baby_bonds

   Under this proposal, the trust would garner a return of 1.5-2% through federally managed investments and would be accessible only once the child turned 18. Darity and Hamilton projected that if three-quarters of newborns were eligible and the average trust amount was $20,000, the program would cost $60 billion annually.

5. 'Baby Bonds' Program Aims to Close Wealth Gap - AOL

   www.aol.com/news/baby-bonds-program-aims-close...

   Economic inequality has consequences. It's called Baby Bonds, though it works more like a trust fund. Sen. Cory Booker was an early supporter of the program in D.C. and emphasized that while this ...

6. Understanding Different Types of Trust Funds and How ... - AOL

   www.aol.com/understanding-different-types-trust...

   Credit shelter trust: This kind of trust is designed to greatly reduce or even eliminate estate taxes when a surviving spouse dies and passes assets from the marriage onto children or other ...

7. 'I got £955 from a Child Trust Fund I didn't know I had' - AOL

   www.aol.com/child-trust-funds-worth-billions...

   Latonya, 20, is one of 6.3 million people born between September 2002 and January 2011 who had a Child Trust Fund kickstarted by a payment, usually £250, from the government.