Idaho § 68-1305 - Transfer to custodial trustee by fiduciary or obligor - Facility of payment
Full text of Idaho Idaho Statutes § 68-1305 — Transfer to custodial trustee by fiduciary or obligor - Facility of payment, with citation guidance and answers to common questions.
§ 68-1305. Transfer to custodial trustee by fiduciary or obligor - Facility of payment
(1) Unless otherwise directed by an instrument designating a custodial trustee pursuant to section 68-1303 , Idaho Code, a person including a fiduciary other than a custodial trustee, who holds property of or owes a debt to an incapacitated individual not having a conservator may make a transfer to an adult member of the beneficiary’s family or to a trust company as custodial trustee for the use and benefit of the incapacitated individual. If the value of the property or the debt exceeds twenty thousand dollars ($20,000), the transfer is not effective unless authorized by the court.
(2) A written acknowledgment of delivery, signed by a custodial trustee, is a sufficient receipt and discharge for property transferred to the custodial trustee pursuant to this section.
[68-1305, added 1989, ch. 230, sec. 1, p. 550.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 68-1305
What does Idaho Statutes § 68-1305 cover?
Section 68-1305 ("Transfer to custodial trustee by fiduciary or obligor - Facility of payment") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 68-1305?
A common citation format is "Idaho Statutes § 68-1305" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 68-1305 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.