In 1996 the New York legislature enacted the Uniform Transfer to Minors Act which
replaces the Uniform Gift to Minors Act. It applies to all irrevocable gifts made
on or after January 1, 1997.
For all UTMA accounts in New York, the age of majority is 21 unless the donor/transferor
stipulates age 18. For all UGMA (pre 1/1/97) accounts in New York, the age of majority