Under the New Jersey Uniform Transfers to Minors Act [N.J.S.A. 46:38A-1 et seq.], a qualifying custodial gift to a minor is irrevocable and has to be turned over to her/him at age 21. It must be maintained separate from all other property and cannot be used to defray a financially able parent's child support obligations. Ferraro v. Ferraro, New Jersey App. Div., August 12, 2011

