§ 34-13-118 — Transfer authorized by will or trust

Wyoming § 34-13-118

• Jurisdiction: Wyoming
• Title 34: Property, Conveyances and Security Transactions
• Ch. 13: TRANSFERS TO MINORS

Text

(a) A personal representative or trustee may make an
irrevocable transfer pursuant to W.S. 34-13-122 to a custodian
for the benefit of a minor as authorized in the governing will
or trust.
(b) If the testator or settlor has nominated a future
custodian under W.S. 34-13-116(a) to receive the custodial
property, the transfer shall be made to that person.
(c) If the testator or settlor has not nominated a future
custodian or all persons nominated as future 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 W.S.
34-13-122(a).