Question

Mark creates a custodial account for his daughter, Patty, under the Uniform Transfers to Minors Act. Under all but which of the following circumstances would the custodial property be included in Mark's estate for estate tax purposes?

	Mark appoints himself custodian and dies while custodian
	Mark becomes custodian after his sister, Ellen, ceases to be custodian, and Mark dies while custodian
	The custodial property can be used to satisfy Mark's obligation to support Patty
	Mark appoints his wife, Monica, as custodian and Mark dies while Monica is custodian

Answer 1

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