Custodial Transfer

Custodial transfer is the process of officially transferring the ownership of property or assets from one person or entity to another, often through legal means such as a trust, estate, or guardianship. It typically involves a formal or legal act that ensures the assets are properly handed over to a designated custodian or recipient, who then manages or holds the assets for a specific purpose or individual. This process helps ensure that assets are transferred securely, with clear documentation, and in accordance with legal or contractual requirements.