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HomeMy WebLinkAboutSDP200400012 Review Comments 2008-04-04 (24)Francis MacCall From: Greg Kamptner Sent: Monday, December 18, 2000 11:38 AM To: Bill Fritz Cc: Margaret Doherty; Francis MacCall; Yadira Amarante Subject: RE: Family Division We have authorized family divisions where the grantee is the custodian for a minor if the conveyance complies with the Virginia Uniform Transfers to Minors Act (Virginia Code 31 -37 et seq.). We have not authorized family divisions where the grantee is a trust and the beneficiary of the trust is a minor. Greg Kamptner Assistant County Attorney County of Albemarle gkamptne @albemarle.org - - - -- Original Message - - - -- From: Bill Fritz Sent: Monday, December 18, 2000 10:38 AM To: Greg Kamptner Cc: Margaret Doherty; Francis MacCall; Yadira Amarante Subject: Family Division I know you love these questions so consider this my Christmas present to you: In doing a family division does the age of the family member matter. The thinking goes like this. If you give property to a minor they don't really control it, because they are a minor. Therefore, the property is really in the hands /ownership of a trustee. Is this really a family division? William D. Fritz, AICP Development Process Manager (804) 296 -5832 Fax (804) 972 -4126