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Q.When does The Uniform Transfer to Minors Act (UTMA) custodial account expire?

A.The UTMA custodial account is generally terminated when a child reaches the age of 18 or 21. The laws vary by state. The age of termination for UTMA accounts is listed in the following table:


State
UTMA Terminates at age:
Alabama
21
Alaska
21
Arizona
21
Arkansas
21
California
18
Colorado
21
Connecticut
21
Delaware
21
District of Columbia
18
Florida
21
Georgia
21
Guam
N/A
Hawaii
21
Idaho
21
Illinois
21
Indiana
21
Iowa
21
Kansas
21
Kentucky
18
Louisiana
18
Maine
18
Maryland
21
Massachusetts
21
Michigan
18
Minnesota
21
Mississippi
21
Missouri
21
Montana
21
Nebraska
21
Nevada
18
New Hampshire
21
New Jersey
21
New Mexico
21
New York
21
North Carolina
21
North Dakota
21
Ohio
21
Oklahoma
18
Oregon
21
Pennsylvania
21
Rhode Island
21
South Carolina
N/A
South Dakota
18
Tennessee
21
Texas
21
Utah
21
Vermont
N/A
Virginia
18
Washington
21
West Virginia
21
Wisconsin
21
Wyoming
21


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