Bennett v. Chicago Title and Trust Company 

Plaintiff filed action for declaratory judgment and to quiet title. Parties had established land trust for marital home conveying interest to their three children, under Uniform Transfers to Minors Act, and parties later divorced. Plaintiff alleged that ex-wife and two of the children obtained loans secured by mortgage against the home without his knowledge and after the youngest child reached age 21. Plaintiff lacked standing as he did not have an ownership interest in the property, since his custodianship terminated as to each child when that child reached age 21 and he should have, pursuant to the Act, transferred the custodial property to the children. Failure to transfer the property did not prevent the custodianship from terminating. (CAHILL and J. GORDON, concurring.)