Iowa Code » Chapter 633 — PROBATE CODE
Iowa Code

Iowa Code § 633.555 (2026)

Procedure in lieu of conservatorship for minor

✓ current as of July 2026
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1. If a conservator has not been appointed for a minor, money due to a minor or other property to which a minor is entitled, not exceeding in the aggregate fifty thousand dollars in value, shall be paid or delivered to one or more of the following:

a. A custodian under the uniform transfer to minor account established for the protected person pursuant to chapter 565B or the laws of any other state.

b. A custodial trustee under a uniform custodial trust account established for the protected person pursuant to chapter 633F or the laws of any other state.

c. An account owner or participant under a college savings plan account established for the protected person pursuant to section 529 of the Internal Revenue Code or chapter 12D.

d. The account owner under an ABLE account established for the protected person with disabilities pursuant to section 529A of the Internal Revenue Code or chapter 12I.

e. The structured settlement obligor, as defined in section 682.2, of a structured settlement, as defined in section 682.2, established for the benefit of the protected person, where the protected person will not begin receiving payments from the structured settlement prior to reaching age eighteen.

2. If a conservator has not been appointed for a minor, and the money due to a minor or other property to which a minor is entitled exceeds fifty thousand dollars in the aggregate, the property may be paid or delivered in the manner set forth in subsection 1 only if such transfer is authorized by the court.

3. The written receipt of the custodian constitutes an acquittance of the person making the payment of money or delivery of property. [C51, §1493, 1494; R60, §2545, 2546; C73, §2243; C97, §3194; C24, 27, 31, 35, 39, §12575; C46, 50, 54, 58, 62, §668.3; C66, 71, 73, 75, 77, 79, 81, §633.574; 82 Acts, ch 1052, §2] 84 Acts, ch 1067, §48; 95 Acts, ch 63, §6; 2005 Acts, ch 38, §29; 2019 Acts, ch 57, §28, 42 – 44 C2020, §633.555 2023 Acts, ch 124, §5, 9 For transfers to minors, small distributions, and exhausted or minimal assets of a minor protected person, see also chapter 565B, §633.108, 633.681 Former §633.555 repealed effective January 1, 2020, by 2019 Acts, ch 57, §41, 43 2023 amendment applies to estates, trusts, and conservatorships in existence on or after July 1, 2023, that were opened or created before, on, or after July 1, 2023; 2023 Acts, ch 124, §9 \n

Notes of Decisions
Cited in 10 cases (1 in the last 5 years), 1986–2021 · leading case: Matter of Guardianship of Murphy, 397 N.W.2d 686 (Iowa 1986).
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Matter of Guardianship of Murphy, 397 N.W.2d 686 (Iowa 1986). · cites it 4× “Section 633.555 (1985) deals more specifically with the opening of guardianships: All other pleadings and the trial [on the guardianship petition] shall be governed by the Rules of Civil Procedure.”
In re the Guardianship of M.D., 797 N.W.2d 121 (Iowa Ct. App. 2011). · cites it 2× “33 (2009) (emphasis added); see also Iowa Code § 633.555 (stating the opening of a guardianship “shall be tried as a law action”).”
Matter of Guardianship of Reed, 468 N.W.2d 819 (Iowa 1991). · cites it 4× “The Smiths take their legal basis for a jury trial from Iowa Code section 633.555 (1987). That section states: All other pleadings and the trial of the cause shall be governed by the Rules of Civil Procedure.”
In Re the Guardianship & Conservatorship of D.D.H., 538 N.W.2d 881 (Iowa Ct. App. 1995). · cites it 2× “Iowa Code section 633.555 (1993) further explains that in the opening of a guardianship: All other pleadings and the trial of the cause shall be governed by the Rules of Civil Procedure.”
Casper v. Bushman, 525 N.W.2d 7 (Iowa Ct. App. 1994). · cites it 2× “Iowa Code section 633.555 (1993) deals more specifically with the opening of guard-ianships and provides: [a]ll other pleadings and the trial [on the guardianship petition] shall be governed by the Rules of Civil Procedure.”
In the Matter of the Guardianships of J.W. & J.W., Minor Child. (Iowa Ct. App. 2020). · cites it 9× “Iowa Code section 633.555 states:3 All other pleadings and the trial of the cause shall be governed by the rules of civil procedure.”
In the Matter of the Guardianship & Conservatorship of Lori Feistner (Iowa Ct. App. 2018). · cites it 2× “In the decade prior to trial, Feistner had been civilly committed on six occasions.”
In the Matter of the Guardianship of J.M., Minor Child (Iowa Ct. App. 2021). · cites it 2× “2 After the 2019 amendments, Iowa Code section 633.555 no longer references actions for the establishment of guardianships being law actions, but section 633.”
In the Matter of the Guardianship of I.P. & K.P. (Iowa Ct. App. 2019). “§ 633.555 (noting guardianship “shall be tried as a law action”).”
In the Matter of the Guardianship of Z.D. (Iowa Ct. App. 2020). “See also Iowa Code § 633.555 (2019) (“All other pleadings and the trial of the cause shall be governed by the rules of civil procedure.”
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