SI SEA01120.205 The Legal Age Of Majority In The Four States In The Seattle Region
Per SI 01120.205, a gift made under a UGMA/UTMA gift is neither income nor a resource to the minor until he or she attains the age of majority as defined by state law. The following chart lists the ages of majority in the states in Seattle Region:
Age of Majority
Alaska State AS25.20.010
Idaho Code IC32-301
Oregon Revised Statute 109.510
Revised Code of Washington 26.28.010
B. Interstate Cases
When the property, the custodian, and/or the minor reside in different states assume, absent evidence to the contrary, that the state laws in which the property is held determine the age of majority for the recipient of the UGMA/UTMA gift.
C. Donor Closes Account Before Recipient Reaches Majority
If a donor revokes/closes the UGMA/UTMA account before the child reaches the age of majority, and
Count the "gift" property as income to the donor in the month the UGMA/UTMA was revoked and a resource thereafter unless rules of administrative finality do not permit counting the "gift" that far back; i.e., revocation occurred more than 2 years ago.
Reopening Determinations, SI 04070.010
Overpayment Recovery, SI 02220.000