Background for question. I am a single mother of a high school senior who is facing imminent eviction from our rental home we have lived in for 2 years. My daughter is in the middle of finals right now and has senior prom and high school graduation in 2 weeks.
She has an UTMA account to help with education expenses or things like lessons or camps etc. My question is this: Can I ask for a distribution from the custodian to avoid eviction? It seems like this would definitely be in the interest of the minor but when I asked the custodian of her account she said no. Please advise ASAP and thank you.
She has an UTMA account to help with education expenses or things like lessons or camps etc. My question is this: Can I ask for a distribution from the custodian to avoid eviction? It seems like this would definitely be in the interest of the minor but when I asked the custodian of her account she said no. Please advise ASAP and thank you.