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Can a different person other than a legal guardian be appointed over a minor's estate?
A guardian is the legal entity appointed by the court to manage property for a minor. A guardian is sometimes referred to as the custodian of a child's estate.
A custodian is also a term used by the Uniform Transfers to Minors Act (UTMA) and Uniform Gifts to Minors Act (UGMA) for the person named to manage property left or given to a child under the terms of either of those Acts. The custodian manages the property until the child reaches the age specified by state law -- 21, in most states. Then the child receives the property outright, and the custodian has no further role in its management. The Acts have been adopted by some states and allows an arrangement by which a donor can designate a custodian for a minor for managing gifts under a certain dollar amount ($13,000).
What else can I help you with?
What is the legal age to own real estate in Illinois?
You must be the age of majority to hold real property. In illinois that is 18 years old.
Can a 13 year old divorce a legal gardian?
In most cases, a 13-year-old does not have the legal capacity to divorce a legal guardian. Minors typically do not have the ability to initiate legal proceedings like divorce without parental consent or a court-appointed guardian advocating on their behalf. It would be advisable to seek legal counsel to explore options for addressing any concerns or issues related to the guardianship.
How old do you have to be to move out if your a girl in Mississippi?
In Mississippi, the age of majority is 21, meaning individuals under that age are considered minors. Minors can legally move out if they are legally emancipated by a court order or with the consent of their parent or legal guardian. Otherwise, they are required to live with a parent or guardian until they reach the age of majority.
Is it illegal to charge rent to minors in CA?
In California, it is legal to charge rent to minors. However, there may be restrictions and requirements, such as obtaining consent from a minor's legal guardian or parent, depending on the situation and the age of the minor.
Is it legal to consume alcohol underage in your home with your legal guardian or parent in Missouri?
No, it is not legal to consume alcohol underage in Missouri, even in the presence of a legal guardian or parent. The legal drinking age in Missouri is 21, and minors are prohibited from consuming alcohol in both public and private settings.
Can minors sue in legal cases?
Yes, minors can sue in legal cases with the help of a guardian ad litem or a court-appointed representative to act on their behalf.
Your daughter and son have been left some money in a will by a family friend they are only 16 and 15 years of age who do they have to notify them or the parents and if parents are separated which one?
The custodial parent should be notified. If there has not been a custodial parent appointed then both parents should be notified. The court may place the inheritance in trust for the minors or it may appoint a guardian to protect their interests. You should speak with the attorney who is handling the estate.The custodial parent should be notified. If there has not been a custodial parent appointed then both parents should be notified. The court may place the inheritance in trust for the minors or it may appoint a guardian to protect their interests. You should speak with the attorney who is handling the estate.The custodial parent should be notified. If there has not been a custodial parent appointed then both parents should be notified. The court may place the inheritance in trust for the minors or it may appoint a guardian to protect their interests. You should speak with the attorney who is handling the estate.The custodial parent should be notified. If there has not been a custodial parent appointed then both parents should be notified. The court may place the inheritance in trust for the minors or it may appoint a guardian to protect their interests. You should speak with the attorney who is handling the estate.
Can minors own commercial property in Florida?
They can own it by inheritance but they must have a legal guardian appointed to handle any affairs relating to it. They cannot contract to purchase property.
Does the legally appointed executrix of an estate owe anything to the children of the estate if the deceased stated she deliberately and name the children out of her will do you owe them anything?
The executrix owes nothing to anyone. The estate is distributed according to the will or the law. In some cases the law may make exceptions to the will, particularly if the children are minors.
Can minors own property in Florida?
A guardian must be appointed by the court to manage any property owned by a minor. The guardian would manage the property under the supervision of the court. If the guardian wanted to sell the property, the sale would need court approval and the proceeds would be placed in trust for the child. The child could take over management of the property or proceeds at the age of eighteen.
Can guardian press charges without minors consent?
The 'minor' has no say in the matter.
What is the legal age to own real estate in Illinois?
You must be the age of majority to hold real property. In illinois that is 18 years old.
What the guidelines for working on minors in sport massage?
There really are no specific guidelines for working on minors that is different in Sports Massage that is different than any massage. The minimum age is generally considered to be 16 or over. If you are working on someone 15 or under, there should be a parent or guardian present during treatment.
Can minors obtain a passport card for international travel"?
Yes, minors can obtain a passport card for international travel, but they must have the consent of a parent or guardian.
What are the rights of the natural born heirs if they are minors?
Generally the probate court judge will assign a Guardian Ad Litem to oversee the minor's interests and affairs until a legal guardian is appointed. The court prefers the legal guardian be a blood relative who has been close to the family. First choice would be an adult sibling, followed by maternal then paternal grandparent(s), aunt, uncle and so forth.
Are the surviving children responsible for paying off their own debt backed by the estate of the deceased?
The estate is responsible for paying off the bills of the deceased, first and foremost. Surviving children should not have access to the funds until the estate is settled. If the children are minors, the court will appoint a guardian and will usually advance living expenses to insure they aren't without money and a place to live.
Does a guardian have the right to sell someones personal property?
If the person is under 18 yes. a legal guardian controls all aspects of the minors life.
