34-1-122 - Distributions to persons other than minor Gift program. - Tennessee Statutes

34-1-122. Distributions to persons other than minor Gift program.

In considering expenditures of income or principal of the minor's or disabled person's property, the court may authorize distributions to persons other than the minor or disabled person if the court determines the expenditures are in the best interests of the minor or disabled person. In making its decision, the court may consider whatever information the court deems relevant to its decision, keeping in mind its primary responsibility is for the care and maintenance of the minor or disabled person and the person's property. No gift program shall be authorized unless there is evidence the disabled person established a gift program prior to becoming a disabled person or, even though the disabled person had not established a gift program, a gift program would reduce the disabled person's tax liability and would not jeopardize the disabled person's care and long-term well-being.

[Acts 1992, ch. 794, § 23; T.C.A. § 34-11-122.]