New York Laws
Part 6 - Uniform Transfers to Minors Act
7-6.5 - Transfer Authorized by Will or Trust

(a) A personal representative or trustee may make an irrevocable
transfer pursuant to 7-6.9 to a custodian for the benefit of a minor as
authorized in the governing will or trust.
(b) If the testator or settler has nominated a custodian under 7-6.3
to receive the custodial property, the transfer must be made to that
person.
(c) If the testator or settler has not nominated a custodian under
7-6.3, or all persons so nominated as custodian die before the transfer
or are unable, decline, or are ineligible to serve, the personal
representative or the trustee, as the case may be, shall designate the
custodian from among those eligible to serve as custodian for property
of that kind under paragraph (a) of 7-6.9.