Rule 408 Distribution to minors
PART III
Rule Text
(a) Distributions to minors by a personal representative shall be made in accordance with D.C. Code § 20-1106.
(b) If Court approval is required or is otherwise requested by the personal representative for a distribution to a minor pursuant to D.C. Code § 20-1106, the personal representative shall file a verified petition which sets forth the following information:
(1) The name, residence and date of birth of each minor for whom distribution authority is sought, as well as the basis for the minor's entitlement to share in the estate;
(2) The total value of the estate assets to be distributed to each minor;
(3) The method of distribution proposed;
(4) The reason why distribution under D.C. Code § 20-1106(a) or (b)(1) is not permissible or desired;
(5) If authority is requested to establish a restricted account, also the name and location of the financial institution; and
(6) If authority is requested to distribute assets exceeding $ 10,000.00 in value under D.C. Code § 21-306:
(A) The reason why the transfer is in the best interest of the minor (D.C. Code § 21-306(c)(1));
(B) Facts to show the transfer is not prohibited by or inconsistent with the provisions of the will (D.C. Code § 21-306(c)(2)); and
(C) A representation that the personal representative will effect the transfer in accordance with D.C. Code § 21-309.