What are the opposite words for Uniform Gifts to Minors Act?
The Uniform Gifts to Minors Act (UGMA) is a law that allows individuals to gift money and other assets to minors without the need for a trust or guardianship. However, there are several antonyms or opposites to this concept. One antonym could be "adult control" where the assets are directly given to the adult instead of the minor. Another antonym could be "private ownership" where the assets are solely owned by the giver, without any transfer made to the minor. Additionally, "limited access" could be another antonym, where the assets are restricted and not easily accessible to the minor. Ultimately, these antonyms are the polar opposite of the UGMA concept of transferring assets to minors.
What are the antonyms for Uniform gifts to minors act?
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