Section 11.16 Effect of the Missouri Transfers to Minors Law on Past Transfers
| Library | Trusts and Powers 2013 Supp |
L. (§11.16) Effect of the Missouri Transfers to Minors Law on Past Transfers
The MTML applies to all past transfers under the Missouri Uniform Gifts to Minors Law (now repealed). Section 404.087.1, RSMo 2000. Any past transfers to a custodian that were not valid under the old law or that were not explicitly authorized under the old law are validated if valid or authorized by the new law. Section 404.077, RSMo 2000. New deeds, new wills, and new beneficiary designations are not required. But all...
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