In our trusts, we usually include a provision that any monies that would be paid out of the trust to a minor child will be left to a custodian, selected by the trustee, in a California Uniform Transfers to Minors Act (CUTMA) Account. Today at Heckerling, Natalie Choate, in her presentation on Beneficiary Designations for Retirement Plans suggested that a CUTMA account would also allow the distributions from a qualified retirement plan to be accumulated at least until the age of twenty-one (21) of age (which is the age most states require accounts to end), and maybe even to the age of twenty-five (25 which is the age that California terminates these accounts..
