Confused about bank accounts

<p>[FinAid</a> | Saving for College | UGMA & UTMA Custodial Accounts](<a href=“http://www.finaid.org/savings/ugma.phtml]FinAid”>http://www.finaid.org/savings/ugma.phtml) </p>

<p>OMG - I’m not sure what it is - I think it may be a custodial account. I will stop by the bank this weekend and find out. If it is a custodial account, then it is in the child’s assets? Very confusing link above.</p>