US Lawyer Database

§ 33B-2 – Custodial trust; general.

33B-2. Custodial trust; general. (a) A person may create a custodial trust of property by a written transfer of the property to a trust company or an adult other than the transferor executed in any lawful manner, naming as beneficiary an individual, who may be the transferor, in which the transferee is designated, in substance, […]

§ 33B-3 – Custodial trust to begin in the future.

33B-3. Custodial trust to begin in the future. (a) A person may create a custodial trust to begin in the future by designating the transferee in substance "as custodial trustee for ____________ (name of beneficiary) under the North Carolina Uniform Custodial Trust Act". A designation under this section may be made in: (1) A will; […]