Dear Len & Rosie, I am the custodian for a $55,000 Uniform Transfers to Minors Act account for my 16-year-old daughter that was given to her by her now-deceased grandparents. My daughter is supposed to use it to pay for her education. But at this point in time, she wants to buy a car, move into an apartment on her own, and, no doubt, party until the cows come home.