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United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 33, § 1656: Transfer authorized by will or trust, 1987

A personal representative or trustee may transfer property to a custodian for a minor if authorized by the governing will or trust.

Source excerpt

custodial transfersminor beneficiaries
Jurisdiction
United States — Maine
Structure
1 provisions
Official identity
Year 1987
Dates
Enacted 1987 · Source version 1 Oct 2025
More statute details
Dates
Enacted 1987 · Source version 1 Oct 2025
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01

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“A personal representative or trustee may transfer property to a custodian for a minor if authorized by the governing will or trust.”

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02

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    Enacted 1987 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Transfer authorized by will or trust

A personal representative or trustee may transfer property to a custodian for a minor if authorized by the governing will or trust.

Section 1656

04

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Source record from legislature.maine.gov · Enacted 1987 · Source version 1 Oct 2025

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Showing 1 of 1 provisions

Provision
§ 1656Transfer authorized by will or trustProvision

Source excerpt

A personal representative or trustee may transfer property to a custodian for a minor if authorized by the governing will or trust.

1. Authorized transfer. A personal representative or trustee may make an irrevocable transfer pursuant to section 1660 to a custodian for the benefit of a minor as authorized in the governing will or trust. [PL 1987, c. 734, §2 (NEW).] 2. Authorized custodian. If the testator or settlor has nominated a custodian under section 1654 to receive the custodial property, the transfer shall be made to that person. [PL 1987, c. 734, §2 (NEW).] 3. Designate a custodian. If the testator or settlor has not nominated a custodian under section 1654, or all persons nominated as custodian die before the transfer or are unable, decline or are ineligible to serve, the personal representative or the trustee, as the case may be, shall designate the custodian from among those eligible to serve as custodian for property of that kind under section 1660, subsection 1. [PL 1987, c. 734, §2 (NEW).]
Section 1656Verify source

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  • 1 Oct 2025 · currentEnglish

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