Washington Uniform Custodial Trust Act establishes rules for custodial trusts.

The Washington Uniform Custodial Trust Act provides a framework for custodial trusts, detailing the roles and responsibilities of custodial trustees, the rights of beneficiaries, and the procedures for managing and terminating custodial trusts. It outlines the process for creating a custodial trust, the duties of the custodial trustee, and the conditions under which a custodial trustee may be removed or replaced. The act also specifies the circumstances under which a custodial trust may be terminated and the distribution of custodial trust property upon termination.

Washington Uniform Custodial Trust Act establishes rules for custodial trusts.

The Washington Uniform Custodial Trust Act provides a framework for custodial trusts, detailing the roles and responsibilities of custodial trustees, the rights of beneficiaries, and the procedures for managing and terminating custodial trusts. It outlines the process for creating a custodial trust, the duties of the custodial trustee, and the conditions under which a custodial trustee may be removed or replaced. The act also specifies the circumstances under which a custodial trust may be terminated and the distribution of custodial trust property upon termination.