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Home→Tags Uniform Transfer to Minors Act

Tag Archives: Uniform Transfer to Minors Act

New Proposed Changes to PEF Code

The Advisory Committee on Decedents’ Estates Laws of the Joint State Government Commission has released a new report recommending changes to the Probate, Estates and Fiduciary Code (Title 20 Pa.C.S.) and Title 20 Pa.C.S. (Corporations and Unincorporated Associations). Proposed changes … Continue reading →

Posted in News | Tagged Decedent's remains, Digital assets, Endowment funds, Uniform Transfer to Minors Act

Misuse of UTMA Custodial Property

Mother used Uniform Transfers to Minors custodial funds to purchase a home in her own name.  Although children lived in home for at least part of the time, mother was ordered to pay over to the children the entire proceeds … Continue reading →

Posted in Opinions | Tagged Attorney fees, self dealing, surcharge, Uniform Transfer to Minors Act

Custodian’s Use of Minor’s Funds under UTMA

Custodian/mother of minor’s fund held under PA’s Uniform Transfers to Minors Act filed account to which minor’s father filed objections.  The court found that custodial funds were properly used to provide for the minor, because the custodian lacked her own … Continue reading →

Posted in Opinions | Tagged Account, Uniform Transfer to Minors Act

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