Custodial Property
Property given to a minor according to the Uniform Transfers to Minors Act and managed by a custodian.
This differs from property managed by a guardian of the estate or by a trustee, however, the custodian is still limited to expending custodial property solely for the minor's benefit.
Property given to a minor according to the Uniform Transfers to Minors Act and managed by a custodian.
This differs from property managed by a guardian of the estate or by a trustee, however, the custodian is still limited to expending custodial property solely for the minor's benefit.