PM 07-04-18-a: Client is the Minor Child in Receipt of UTMA Gift

WAG 07-04-18-a

Do not count the UTMA asset as the child's asset while the child is under age 21. Count the UTMA asset in its entirety as the child's asset the month following the child's 21st birthday.

NOTE: The assets of a categorically eligible SNAP unit are exempt (see PM 05-07-00).