Section 11.33 Automatic Succession
| Library | Trusts and Powers 2013 Supp |
B. (§11.33) Automatic Succession
A custodian, as soon as becoming custodian, may revocably designate one or more successors in a will or by executing and dating an instrument of designation before a witness other than a successor custodian. See 9 Am. Jur. 2d Legal Forms 2d Gifts §§ 130:51–130:61 (2002); § 404.057.2, RSMo 2000. The designation takes effect when the initial custodian resigns, dies, becomes incapacitated, or is removed, id., and succession is automatic. A custodian may resign at any time by...
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