Guardian of the property definition

Guardian of the property means a person appointed by the probate court to administer the estate of a minor or adult individual.
Guardian of the property means "conservator" and may be used at the election of the person appointed by the court to have the custody and care of the property of a ward;
Guardian of the property means "conservator";

Examples of Guardian of the property in a sentence

  • If a Lot is subject to administration by a duly authorized and acting Personal Representative or Guardian of the property, then such Personal Representative or Guardian shall be entitled to cast the vote for such Lot upon filing with the Secretary of the Association a current certified copy of his Letters of Administration or Guardianship.

  • Usually the surviving parent is named Guardian of the property (a parent is automatically Guardian of the person).

  • Nothing in this section shall entitle a Guardian of the property of a veteran to payments on behalf of the subject of the proceeding for veteran's benefits unless the Guardian has applied to the United States Department of Veterans Affairs for appointment as a fiduciary as required by federal law.

  • J, et seq)., the Guardian of the property of a Ward may not have to file an annual accounting or an annual plan if Ward's financial resources or assets, other than the homestead, are worth less than Forty Thousand Dollars ($40,000), if a bond has been posted, or are worth less than Ten Thousand Dollars ($10,000) whether a bond has been posted and if the Guardian or limited Guardian of the property is the spouse or a relative of the Ward to the fourth degree.

  • If the Guardian is appointed as a fiduciary by the United States Department of Veterans Affairs, the fiduciary accounting provided to the Department under 38 CFR § 13.130 shall be included in the annual accounting filed with the district court as part of the annual accounting of a Guardian of the property as required by 30 O.S. § 4-303.


More Definitions of Guardian of the property

Guardian of the property means a person appointed by the
Guardian of the property means a person appointed by the court to administer the estate of a minor or incapacitated adult.
Guardian of the property. A minor’s legal property guardian, or Guardian of the Property, is a person appointed by a court to manage the funds of a minor or other incapacitated person. The court may, for example, order a legally appointed guardian to deposit funds owing to an infant in an Alpine account, pending the minor’s reaching majority at age eighteen. The court may further order the guardian to deposit the funds into a specific account for a specific term (i.e., a time deposit account). The funds may be subject to the joint control of the court or a surety bonding agency, and the court order or Letters of Guardianship may direct Alpine to withhold payment beyond a minor’s eighteenth birthday. • The property should be turned over by the guardian to the minor when he or she reaches the age of majority, on the date shown in the Letters of Guardianship or, in the event of the minor’s death prior to that age, to the minor’s estate. • The guardian must provide Alpine a certified copy of the Letters of Guardianship when the account is established. The minor’s date of birth and Social Security number must also be provided at that time. Annual Tax statements (on IRS Form 1099) are reported and certified under the minor’s Social Security number. • A guardian for an incapacitated adult may be appointed by a court to manage the person and/or property of the xxxx. The court order establishing the guardianship is the controlling document and empowers the guardian to exercise the powers and authority granted therein. The court order may permit the guardian to open bank accounts on behalf of the incapacitated person. A certified copy of the Commission to Guardian(s) must be provided to Alpine before any guardian accounts may be established. Following the death of the incapacitated person, a court order discharging the Guardian(s) will be required before payment to the deceased xxxx’x estate. • If the guardian dies or is otherwise unable to perform his or her duties a successor guardian must be appointed by a court.
Guardian of the property means a person appointed by the court to admin- ister the estate of a minor or incapacitated adult.
Guardian of the property means a guardian appointed by a court pursuant to Estates and Trusts Article, Title 13, Subtitle 2, Annotated Code of Maryland, to serve the interests of a minor or disabled person under that subtitle.
Guardian of the property means a person appointed by the court to administer the property of an adult, including a person appointed under article eighty-one of this title and article seventeen-A of the surrogate's court procedure act, and including a conservator appointed by a court in another state.
Guardian of the property means a person appointed by the court to administer the property of an adult, including a person appointed under article eighty-one of this title and article seventeen-A of the