Uniform Custodial Trust Act

Virginia Declaration of Trust - Uniform Custodial Trust Act
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State:
Virginia
Control #:
VA-02361-A
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Available formats: Word | Rich Text

Description Virginia Uniform Custodial Trust Act

This is a sample form for use in Virginia matters involving trusts, a Declaration of Trust - Uniform Custodial Trust Act. Under § 55-34.2 of the Virginia Uniform Custodial Trust Act, a person may create a custodial trust of property by a written declaration, evidenced by registration of the property if the property is of a type subject to registration, or by other instrument of declaration executed in any lawful manner, describing the property and naming as beneficiary an individual other than the declarant, in which the declarant as titleholder is designated, in substance, as custodial trustee under this chapter. A registration or other declaration of trust for the sole benefit of the declarant is not a custodial trust under this chapter.

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Virginia Declaration Of Trust Other Form Names

Virginia Custodial Act   Virginia Custodial   Custodial Trust   Uniform Custodial Trust Act   Uniform Custodial   Trust Uniform Custodial Act   Trust Uniform Custodial  

Trust Custodial FAQ

Can you withdraw money from a custodial account?

What is the difference between a trust and custodial account?

Can a trustee withhold money from a beneficiary?

Can a trustee remove a beneficiary from a trust?

Is a custodial account a trust?

What information are trust beneficiaries entitled to?

What rights do beneficiaries have under a trust?

What is a custodial trust?

How does a custodial account work?

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