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Current as of April 06, 2022 | Updated by FindLaw Staff
The department of social and health services is hereby authorized to promulgate rules and regulations in conformity with the provisions of Public Law 87-543 to allow all or any portion of a dependent child's earned or other income to be set aside for the identifiable future needs of the dependent child which will make possible the realization of the child's maximum potential as an independent and useful citizen.
The transfer into, or accumulation of, a child's income or resources in an irrevocable trust account is hereby allowed. The amount allowable is four thousand dollars. The department will provide income assistance recipients with clear and simple information on how to set up educational accounts, including how to assure that the accounts comply with federal law by being adequately earmarked for future educational use, and are irrevocable.
Cite this article: FindLaw.com - Washington Revised Code Title 74. Public Assistance § 74.12.350. Child's income set aside for future needs--Irrevocable trusts--Educational accounts - last updated April 06, 2022 | https://codes.findlaw.com/wa/title-74-public-assistance/wa-rev-code-74-12-350/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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