November 2018: Gift Ideas for Kids

With holiday time fast approaching, you may be trying to decide what you should get some of your favorite children in your life. This year, in addition to the typical gifts for kids, why not consider gifting them something that will grow with them and will ultimately benefit them financially in the future. This month’s newsletter will discuss some of these alternative holiday gift ideas. A popular financial gift idea for young kids, is to gift them stock at an early age. Depending upon your state, the most efficient way to gift them stock or other tradeable securities is through either a UGMA account or its more developed successor, UTMA. Uniformed Gifts to Minors Act or UGMA is the predeces

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