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110 Mailing Address: Des Moines, IA 50392-0002 Company Name TMA Beneficiary Designation Account/Unit Number Employee Information Your name (last, first, middle initial) Social security number NOTE:
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What is naming a utma on?
Naming a UTMA (Uniform Transfer to Minors Act) is the process of designating a custodian and transferring assets to a custodial account for a minor.
Who is required to file naming a utma on?
Parents or legal guardians are typically required to file a naming a UTMA form on behalf of the minor.
How to fill out naming a utma on?
To fill out a naming a UTMA form, you need to provide the minor's information, select a custodian, and list the assets being transferred. The form can usually be obtained from the financial institution where the custodial account will be opened.
What is the purpose of naming a utma on?
The purpose of naming a UTMA is to legally transfer assets to a custodial account for a minor, allowing the custodian to manage and control those assets until the minor reaches a certain age or becomes legally capable of managing them.
What information must be reported on naming a utma on?
The naming a UTMA form typically requires information such as the minor's name, date of birth, social security number, and the custodian's name, contact information, and relationship to the minor. Additionally, the form may require listing the assets being transferred.
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