Georgia Transfers to Minors Act (GTMA)

The age of majority in Georgia is 18 for entering into contracts or consenting to medical treatment. However if you set up a custodial account for a minor for something like cash or securities, the gift doesn't become available to the minor until the age of 21. At that time they have free use of the account. Once a transfer is made into a custodial account, the gift cannot be taken back.