A person may make a transfer by irrevocable gift to, or the irrevocable exercise of a power of appointment in favor of, a custodian for the benefit of a minor pursuant to KRS 385.092.
KRS 385.042
Transfer by irrevocable gift or exercise of power of appointment
Known as the Kentucky Uniform Transfers to Minors Act
The act spans §§ 385–385 (55 sections).
Effective: July 15, 1986 History: Created 1986 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.