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385.092 Manner of creating custodial property and effecting transfer Designation of initial custodian Control. (1)Custodial property is created and a transfer is made whenever: (a) An certificated
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What is manner of creating custodial?
The manner of creating custodial refers to the process of establishing a custodial account for a minor where assets are held by a custodian until the minor reaches the age of majority.
Who is required to file manner of creating custodial?
The custodian or legal guardian of the minor is required to file the manner of creating custodial.
How to fill out manner of creating custodial?
To fill out the manner of creating custodial, the custodian must provide information about the minor, the assets being held in the custodial account, and details about the custodian.
What is the purpose of manner of creating custodial?
The purpose of manner of creating custodial is to ensure that assets held for the minor are managed appropriately and in accordance with the law.
What information must be reported on manner of creating custodial?
The manner of creating custodial must include information about the minor, details of the custodial account, and any assets held in the account.
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