Coverage note: this corpus holds the consolidated Pa.C.S. titles only. Unconsolidated P.S. statutes (UTPCPL 73 P.S. § 201-1, Liquor Code, wage payment laws) are not included; a miss here does not mean the statute does not exist. Check palegis.us.
(a) General rule.--A personal representative or trustee may make an irrevocable transfer pursuant to
section 5309 (relating to manner of creating custodial property and effecting transfer)
to a custodian for the benefit of a minor as authorized in the governing will or trust.
(b) Transfer to custodian.--If the testator or settlor has nominated a custodian under section 5303 (relating
to nomination of custodian) to receive the custodial property, the transfer must be
made to that person.
(c) Designation of custodian.--If the testator or settlor has not nominated a custodian under section 5303 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 section 5309(a).
Cross References. Section 5305 is referred to in sections 5307, 5320, 5321 of this title.
Notes of Decisions
Cited in 3
cases, 1985–1993 · leading case: Sutliff v. Sutliff, 528 A.2d 1318 (Pa. 1987).
Sutliff v. Sutliff, 528 A.2d 1318 (Pa. 1987). · cites it 8דA custodian holds, manages, invests and dispenses the property during the child's minority, 20 Pa. C.S. § 5305(a), but must deliver the property and proceeds, plus accumulated interest and profit, to the minor when he reaches the age of twenty-one.”
Perlberger v. Perlberger, 626 A.2d 1186 (Pa. Super. Ct. 1993). · cites it 8ד20 Pa.C.S. § 5305(a). In Sutliff, the Pennsylvania Supreme Court explained that, unlike a trust which must be used for a stated purpose, PUGMA property and proceeds may generally be used by custodians for the support of the child.”
Sutliff v. Sutliff, 489 A.2d 764 (Pa. 1985). · cites it 5דHe cites section 5305(b) of the UGMA, 20 Pa.C.S. § 5305(b), which provides: The custodian shall pay over to the minor for expenditure by him or expend for the minor’s benefit so much of or all the custodial property as the custodian deems advisable for the support, maintenance,…”
— 20 Pa. Cons. Stat. § 5305(a) — 2 cases
Sutliff v. Sutliff, 528 A.2d 1318 (Pa. 1987). “A custodian holds, manages, invests and dispenses the property during the child's minority, 20 Pa. C.S. § 5305(a), but must deliver the property and proceeds, plus accumulated interest and profit, to the minor when he reaches the age of twenty-one.”
Perlberger v. Perlberger, 626 A.2d 1186 (Pa. Super. Ct. 1993). “20 Pa.C.S. § 5305(a). In Sutliff, the Pennsylvania Supreme Court explained that, unlike a trust which must be used for a stated purpose, PUGMA property and proceeds may generally be used by custodians for the support of the child.”
— 20 Pa. Cons. Stat. § 5305(b) — 3 cases
Perlberger v. Perlberger, 626 A.2d 1186 (Pa. Super. Ct. 1993). “20 Pa.C.S. § 5305(a). In Sutliff, the Pennsylvania Supreme Court explained that, unlike a trust which must be used for a stated purpose, PUGMA property and proceeds may generally be used by custodians for the support of the child.”
Sutliff v. Sutliff, 528 A.2d 1318 (Pa. 1987). “A custodian holds, manages, invests and dispenses the property during the child's minority, 20 Pa. C.S. § 5305(a), but must deliver the property and proceeds, plus accumulated interest and profit, to the minor when he reaches the age of twenty-one.”
Sutliff v. Sutliff, 489 A.2d 764 (Pa. 1985). “He cites section 5305(b) of the UGMA, 20 Pa.C.S. § 5305(b), which provides: The custodian shall pay over to the minor for expenditure by him or expend for the minor’s benefit so much of or all the custodial property as the custodian deems advisable for the support, maintenance,…”
— 20 Pa. Cons. Stat. § 5305(c) — 1 case
Sutliff v. Sutliff, 489 A.2d 764 (Pa. 1985). “He cites section 5305(b) of the UGMA, 20 Pa.C.S. § 5305(b), which provides: The custodian shall pay over to the minor for expenditure by him or expend for the minor’s benefit so much of or all the custodial property as the custodian deems advisable for the support, maintenance,…”
— 20 Pa. Cons. Stat. § 5305(d) — 1 case
Sutliff v. Sutliff, 528 A.2d 1318 (Pa. 1987). “A custodian holds, manages, invests and dispenses the property during the child's minority, 20 Pa. C.S. § 5305(a), but must deliver the property and proceeds, plus accumulated interest and profit, to the minor when he reaches the age of twenty-one.”
— 20 Pa. Cons. Stat. § 5305(e) — 1 case
Sutliff v. Sutliff, 489 A.2d 764 (Pa. 1985). “He cites section 5305(b) of the UGMA, 20 Pa.C.S. § 5305(b), which provides: The custodian shall pay over to the minor for expenditure by him or expend for the minor’s benefit so much of or all the custodial property as the custodian deems advisable for the support, maintenance,…”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.