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§ 21-305Title 21

Transfer authorized by will or trust.

A personal representative or trustee may make an irrevocable transfer pursuant to section 21-309 to a custodian for the benefit of a minor as authorized in the governing will or trust, subject to the authority of the court under section 20-1106. If the testator or the settlor has nominated a custodian under section 21-303 to receive the custodial property, the transfer must be made to that person. If the testator or the settlor has not nominated a custodian under section 21-303 or if all persons so nominated die before the transfer or are unable, decline, or are ineligible to serve, the personal representative or the trustee shall designate a custodian from among those eligible to serve as custodian for property of that kind under section 21-309(a).

Annotations

Mar. 12, 1986, D.C. Law 6-87, § 2(a), 33 DCR 278
Uniform Law: This section is based upon § 5 of the Uniform Transfers to Minors Act.
1981 Ed., § 21-305.
This section is referenced in § 21-307, § 21-309, and § 21-320.
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Sourced from the DC Council Open Law Library (public domain).

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