2019 Vermont Statutes
Title 14 - Decedents' Estates and Fiduciary Relations
Chapter 115 - Vermont Uniform Transfers To Minors Act
§ 3215 Transfer authorized by will or trust
§ 3215. Transfer authorized by will or trust
(a) A personal representative or trustee may make an irrevocable transfer pursuant to section 3219 of this title to a custodian for the benefit of a minor as authorized in the governing will or trust.
(b) If the testator or settlor has nominated a custodian under section 3213 of this title to receive the custodial property, the transfer must be made to that person.
(c) If the testator or settlor has not nominated a custodian under section 3213 of this title, or all persons so 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 subsection 3219(a) of this title. (Added 2015, No. 7, § 1.)
