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UNIFORM CUSTODIAL TRUST ACT Drafted by the NATIONAL CONFERENCE OF COMMISSIONERS ON UNIFORM STATE LAWS and by it APPROVED AND RECOMMENDED FOR ENACTMENT IN ALL THE STATES at its ANNUAL CONFERENCE MEETING
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What is uniform custodial trust act?
The Uniform Custodial Trust Act allows a custodian to hold property for a minor until the minor reaches a certain age, as specified by the act.
Who is required to file uniform custodial trust act?
A custodian who is holding property for a minor under the act is required to file the Uniform Custodial Trust Act.
How to fill out uniform custodial trust act?
To fill out the Uniform Custodial Trust Act, the custodian must provide information about the minor, the property being held, and the terms of the trust.
What is the purpose of uniform custodial trust act?
The purpose of the Uniform Custodial Trust Act is to provide a legal framework for the transfer of property to a minor and to protect the minor's interests until they reach a certain age.
What information must be reported on uniform custodial trust act?
The Uniform Custodial Trust Act requires the custodian to report information about the minor, the property being held, and any transactions involving the property.
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