The responsible individual shall continue to
serve as the responsible individual for the
custodial account after the designated
beneficiary attains the age of majority under
state law and until such time as all assets
have been distributed from the custodial
account and the custodial account
terminates. If the responsible becomes
incapacitated or dies after the designated
beneficiary reaches ages of majority under
state law, the responsible individual shall be
designated beneficiary.