Legal Question in Wills and Trusts in Ohio
who becomes the custodian of aUTMA account when the custodian dies and the minor is still under age 21 in ohio?
Asked on 2/24/12, 11:18 am
1 Answer from Attorneys
Elizabeth Schmitz
Elizabeth S. Schmitz Attorney at Law
You need to determine if a successor custodian was set up when the account was opened. If there is no successor custodian named with the financial institution then you will need to apply to the probate court to have a successor named.
Answered on 2/24/12, 11:45 am