Custodial Accounts In Florida

In Florida, the account you're referring to is known as a Uniform Transfers to Minors Act (UTMA) account. Some key points are:
- The custodian manages the account until the child turns *.
- The funds in the account belong to the child.
- The money must be used for the child's benefit.

It seems like you're asking about custodial accounts in Florida. Here are some key points:
- Florida follows the Uniform Transfers to Minors Act (UTMA).
- The custodian manages the account until the child reaches *.
- The funds belong to the child and must be used for their benefit.

Is there anything else you'd like to know about this?

You're welcome! If you have any more questions in the future, feel free to ask. Have a great day!