These cases having a way of going sideways and new owner (you) can inadvertently step on legal land mines or fail to follow some obscure procedural rule of court, resulting in delays or much worse situation.If your reason for attempting to do this yourself is curiosity, merely ask questions to your attorney.

Personally, I'd do it "off the books" - I'm sure there's some obscure law by which one or both of you could be held liable for fiduciary breach, SEC violation, etc.

Here we go into a bit of an obscure topic...My understanding is that a UTMA account is a way to transfer money into a minor's name so the minor can later use it for education or other purposes.

Numbers are obscured from a k of federal tests.  

Obscured to say the least!

Its' niche and rare so it's understandable that not many lenders use it, but it's not a trick or some obscure product. it's right on the Fannie Mae website.

I think you are reasoning from an intermediate shock, which obscures the reality of a situation and/or coming up with a strawman to protect your position.

So most of the info you will never see again nor really need to know (such as some of the obscure title issues and deeds).

Great question @Nate Hayes and I love that you recognize obscurity as a competitor.

I personally can’t fathom why anyone who would pay $30k for some obscure course.