0
A custodian is a person or institution that has charge of property, papers or other valuables.
A guardian is a person who has the legal authority and duty to care for another's person or property either due to the other's infancy, incapacity or disability. A guardian may be appointed for all purposes or for a specific purpose.
What else can I help you with?
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 is the difference between guardian of a person and guardian of a property?
A guardian of a person is responsible for making decisions related to the individual's personal welfare, such as healthcare and living arrangements, while a guardian of property is tasked with managing the individual's finances and assets. These roles can be separate or combined depending on the situation and jurisdiction.
How do you use custodian in a sentence?
According to the will,Joseph will remain the custodian of the estate.
How do you use the word custodian in a sentence?
The school custodian kept the hallways clean. The birth records are maintained by a county custodian.
Can you leave money to a minor in your will?
Yes, you can leave money to a minor in your will by setting up a trust or naming a guardian or custodian to manage the funds until the minor reaches a certain age, typically 18 or 21, depending on the jurisdiction. It is important to specify how you want the funds to be used for the minor's benefit.
Is there a difference between a janitor and a custodian?
No
What is another name for custodian?
guardian,warden.
What is the difference between and IRA trustee and an IRA Custodian?
Custodian has passive control vs. a trustee who can invest, funds etc.
Another word for guardian?
caretaker guardian custodian guard warden warder attendant
What is the difference between guardian and permanent legal guardian?
Guardian i having part guardian over someone. Permanent legal guardian is when you will be taking care of someone for life.
What is the synonym of caretaker?
keeper, curator, custodian, guardian, warden, porter, superintendent, janitor, watchman
What is the difference between guardian and permanent guardian?
The difference between a guardian and a permanent guardian is that a permanent guardian has been appointed by the courts as permanently. A guardian that is not permanent may be temporary or for a short period of time.
What is difference between custodian and housekeeping?
A housekeeper generally does the cleaning in a facility or building. A custodian may have duties that include security; opening and locking a building at designated times. There are many examples where a custodian also does the job of housekeepers. It all depends on the building or facility in question.
If you are 18 and you have a child are you the legal guardian?
Yes, you are the custodian of your child unless a court order says otherwise.
What is the synonym for the word guardian?
Protectorate, keeper, champion, defender, guard, warden, curator, protector, custodian
What is a carer starting with the letter g?
== == carer (n) =guardian, protector, godparent, custodian, caretaker, keeper, warden
What is the name of the person who takes custody of a child?
depending on the situation, "custodial parent," "caretaker relative," "custodian" or "guardian"
