2005 Idaho Code - 68-1309 — USE OF CUSTODIAL TRUST PROPERTY

                                  TITLE  68
                            TRUSTS AND FIDUCIARIES
                                  CHAPTER 13
                      IDAHO UNIFORM CUSTODIAL TRUST ACT
    68-1309.  USE OF CUSTODIAL TRUST PROPERTY. (1) A custodial trustee shall
pay to the beneficiary or expend for the beneficiary's use and benefit so much
or all of the custodial trust property as the beneficiary while not
incapacitated may direct from time to time.
    (2)  If the beneficiary is incapacitated, the custodial trustee shall
expend so much or all of the custodial trust property as the custodial trustee
considers advisable for the use and benefit of the beneficiary and individuals
who were supported by the beneficiary when the beneficiary became
incapacitated, or who are legally entitled to support by the beneficiary.
Expenditures may be made in the manner, when, and to the extent that the
custodial trustee determines suitable and proper, without court order and
without regard to other support, income, or property of the beneficiary.
    (3)  A custodial trustee may establish checking, savings, or other similar
accounts of reasonable amounts under which either the custodial trustee or the
beneficiary may withdraw funds from, or draw checks against, the accounts.
Funds withdrawn from, or checks written against, the account by the
beneficiary are distributions of custodial trust property by the custodial
trustee to the beneficiary.