How do I deposit a check from the liquidation of a UTMA stock account to a 529 college fund?
Md Ariful Islam
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Dr. Md Rushad Rahman
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Assuming that you are the Payee on the check remitted by the minor's stock account custodian, simply endorse the check on the back with instructions to "Pay to the Order of . . . " (deposit the funds into) the college account. Be aware that some custodians might not accept a third-party check.
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