ILCS » Chapter 760 · Act 20

760 ILCS 20/1

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(760 ILCS 20/1) (from Ch. 110 1/2, par. 251)
    Sec. 1. Short title. This Act shall be known and may be cited as the "Illinois Uniform Transfers to Minors Act".
(Source: P.A. 84-915.)

    
Notes of Decisions
Cited in 12 cases (4 in the last 5 years), 1995–2023 · leading case: In Re Marriage of Sanfratello
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In Re Marriage of Sanfratello (2009) illappct “Based on the record before us, we remand to clarify whether the $87,500 paid in child support was wrongly included in the dissipation amount.”
Bennett v. Chicago Title and Trust Co. (2010) illappct “The parties established a land trust for the marital home conveying a one-third beneficial interest to each of their three children pursuant to the Illinois Uniform Transfers to Minors Act (Act) (760 ILCS 20/1 et seq. (West 1992)) and designated themselves as joint custodians.”
Dally v. Bank One, Chicago, N.A. (In Re Dally) (1996) ilnb “The UTMA, 760 ILCS 20/1 et seq, replaced the Illinois Uniform Gift to Minors Act ("UGMA”) in *728 1985.”
John Vincent Dubisky, and Neal Stuart Dubisky, a Minor, Through Marlene Dubisky, His Parent and Guardian v. United State (1995) ca7 “* The Illinois Uniform Transfers to Minors Act, 760 ILCS 20/1 et seq., replaced IUGMA in 1985.”
Pope v. First of America, N. A. (1998) illappct “Boudreau (Ricky), under the Illinois Uniform Transfers to Minors Act (Act) (760 ILCS 20/1 et seq. (West 1996)). The bank filed a motion for summary judgment, which the trial court granted.”
In re Marriage of Enders (2015) illappct “3 760 ILCS 20/1 et seq. (West 2012). 10 No.”
In re Marriage of Free (2023) illappct “Respondent was ordered to be the custodian of Anne’s 529 account as well as the account established for Anne pursuant to the Uniform Transfers to Minors Act (UTMA) (760 ILCS 20/1 (West 2014)), and petitioner was ordered to be the custodian of Will’s 529 and UTMA accounts.”
People v. Ann C. (2005) illappct · cites it 2× “The limitation of dispositions comports with the general provision that "[a] person who has attained the age of 18 years is of legal age for all purposes except as otherwise provided in the Illinois Uniform Transfers to Minors Act [(760 ILCS 20/1 et seq. (West 2004))]." 755 ILCS…”
In re Marriage of Levy (2022) illappct “¶ 25 On the other hand, it appears that custodial funds can be invested in a section 529 plan under the Illinois Uniform Transfers to Minors Act (760 ILCS 20/1 et seq. (West 2020)). See generally, “The Investment of Custodial Funds in Section 529 Qualified Tuition Programs: Tax…”
In re Marriage of Nguyen (2023) illappct “) provision naming Viet as the custodian of the children’s educational funds under the Illinois Uniform Transfers to Minors Act (Transfers to Minors Act) (760 ILCS 20/1 et seq. (West 2018)), subject to certain conditions.”
Anderson v. Anderson (2021) illappct “) 760 ILCS 20/1 (West 2016). It is clear that Caroline was not designated as custodian under the IUTMA as the custodial accounts in question were created under Pennsylvania’s version of the IUTMA.”
Pope v. First of America (1998) illappct “Boudreau (Ricky) under the Illinois Uniform Transfers to Minors Act (Act) (760 ILCS 20/1 et seq. (West 1996)). The bank filed a motion for summary judgment, which the trial court granted.”
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