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Mass. Gen. Laws ch. 203B – Uniform Custodial Trust Act | Midpage
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Massachusetts General Laws
Part II
Title II
Chapter 203B
Mass. Gen. Laws ch. 203B
Uniform Custodial Trust Act
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Definitions
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Creation; termination; augmentation of trust property; designation of successor trustee
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Designation as substitute or successor custodial trustees
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Custodial trustee's acceptance
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Transfer of trust property for use and benefit of incapacitated individual
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Multiple beneficiaries; right of survivorship
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Vesting title; management of trust property; duties
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Trustee's rights and powers over trust property
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Payments to beneficiaries
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Administration of trust for incapacitated beneficiary; determination of incapacity
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Third person dealing with one purporting to act as trustee
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Claims against trust property; trustee, beneficiary liability
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Trustee declining to serve; resignation; petition for removal
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Expenses; bond
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Written statement of property and administration; petition for accounting
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Claims for relief; time limitations
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Termination of trust; order of distribution
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Transfer of property to create trust
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Applicable law; place of transfer