Sec. 4. As used in this chapter, “custodial property” means:

(1) an interest in property transferred to a custodian under this chapter; and

Ask a will, trust or estate question, get an answer ASAP!
Thousands of highly rated, verified estate & trust lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Indiana Code 30-2-8.5-4

  • custodian: means a person designated as a custodian under section 24 of this chapter or a successor or substitute custodian designated under section 33 of this chapter. See Indiana Code 30-2-8.5-5
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
(2) the income from and proceeds of that interest in property.

As added by P.L.267-1989, SEC.2.