The Uniform Transfers to Minors Act (UTMA) is an act that allows a minor to receive gifts such as money, real estate, and fine art without aid.

In our weekly series, readers can email any question about their finances, to be answered by our expert, Rosie Hooper. Rosie is a chartered financial planner at Quilter Cheviot and has worked in ...

Gifting money can be a generous and thoughtful gesture, but without proper guidelines, it can lead to misunderstandings and family drama. Essential rules can ensure your monetary gifts are received ...

‘If, instead of saving or spending your child benefit, you were able to invest it, it could be over £45,000 by the time they ...

UK households are being urged to "consider" gifting family £3,000 ahead of a potential Labour Party government Autumn Budget ...

When my wife was a baby, her auntie opened a gift account and invested a few thousand dollars in a low-cost mutual fund. Today, 36 years later, that account is worth about $45,000. We've never touched ...