The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor’s estate upon the earlier of:

(1) The minor’s attainment of eighteen years of age with respect to custodial property transferred under § 55-10A-4, 55-10A-5, 55-10A-6 or 55-10A-7; or

Ask a will, trust or estate question, get an answer ASAP!
Thousands of highly rated, verified estate & trust lawyers.
Click here to chat with a lawyer about your rights.

(2) The minor’s death.

Source: SL 1986, ch 409, § 22.