GroundRules
← Search the law
New York · Through 2026-09-11

N.Y. Estates, Powers & Trusts Law § 7-6.14: Use of custodial property

Read at publisher ↗
Where this section sits in the code
  1. Estates, Powers & Trusts Law
  2. Article 7. Trusts
  3. Part 6. Uniform Transfers to Minors Act

§ 7-6.14 Use of custodial property

(a) A custodian may deliver or pay to the minor or expend for the

minor's benefit so much of the custodial property as the custodian

considers advisable for the use and benefit of the minor, without court

order and without regard to (1) the duty or ability of the custodian

personally or of any other person to support the minor, or (2) any other

income or property of the minor which may be applicable or available for

the support of the minor.

(b) On petition of an interested person or the minor if the minor has

attained the age of fourteen years, the court may order the custodian to

deliver or pay to the minor or expend for the minor's benefit so much of

the custodial property as the court considers advisable for the use and

benefit of the minor.

(c) A delivery, payment, or expenditure under this section is in

addition to, not in substitution for, and does not affect any obligation

of a person to support the minor.

Collected 2026-09-14T19:32:44Z. Source file · JSON

Browse this collection