Drafting Utma Gift Letter

Summary

To instruct a UTMA custodian to gift funds, draft a letter including your details, the custodians name, and the recipients information. Specify the gift amount and future dates for repeated gifts. Ensure all personal details are filled in before sending. This process involves estate planning and requires clear communication with the custodian.

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I need a document instructing the custodian of my UTMA to gift $*,* each to my siblings Megan Elizabeth **** and Kaylee Marie ****.
Hi ****! You will need to draft a letter to the custodian of your UTMA account instructing them to gift the specified amounts to your siblings. Here is a sample template you can use:
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[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]
[Custodian's Name]
[Custodian's Address]
[City, State, ZIP Code]
Dear [Custodian's Name],
Subject: Instruction to Gift Funds from UTMA Account
I, **** ****, am the beneficiary of the UTMA account under your custodianship. I am writing to instruct you to gift $*,* each to my siblings, Megan Elizabeth **** and Kaylee Marie ****, from the UTMA account.
Please find their details below:
*. Megan Elizabeth ****
- [Megan's Address]
- [City, State, ZIP Code]
*. Kaylee Marie ****
- [Kaylee's Address]
- [City, State, ZIP Code]
Kindly execute these gifts at your earliest convenience and update the account records accordingly.
Thank you for your cooperation.
Sincerely,
**** ****
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Make sure to fill in the missing details before sending the letter. If you need further assistance, feel free to ask!
I forgot to say that the custodian's name is Rachel ****, and the gifts should repeat in January * and January *
Got it, ****! You can update your letter to include these additional details:
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**** ****
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]
Rachel ****
[Custodian's Address]
[City, State, ZIP Code]
Dear Rachel ****,
Subject: Instruction to Gift Funds from UTMA Account
I, **** ****, am the beneficiary of the UTMA account under your custodianship. I am writing to instruct you to gift $*,* each to my siblings, Megan Elizabeth **** and Kaylee Marie ****, from the UTMA account.
Please find their details below:
*. Megan Elizabeth ****
- [Megan's Address]
- [City, State, ZIP Code]
*. Kaylee Marie ****
- [Kaylee's Address]
- [City, State, ZIP Code]
Kindly execute these gifts in January * and January *, and update the account records accordingly.
Thank you for your cooperation.
Sincerely,
**** ****
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Make sure to fill in the missing details before sending the letter. If you need further help, feel free to ask!