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An individual or trust institution appointed by a court to care for a minor or an incompetent person and his or her property.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


A non-parent who is legally responsible for a minor child or mentally incompetent person. A guardian may be designated by a parent, perhaps in a will, or one may be appointed by a court. More than one guardian may be designated for a single person, each with his/her own areas of responsibility. For example, a child may live with one guardian while another is responsible for administering assets left to the child in his/her parent's estate.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


A guardian is someone you designate to be legally responsible for your minor children or other dependents who are unable to take care of themselves if you are unavailable to provide for their care.

You may name the guardian in your will or while you are still alive. In most cases, a guardian makes both personal and financial decisions for his or her ward.

However, you may name two guardians with different areas of responsibility -- perhaps one for financial matters if you have a substantial estate. If you become disabled or otherwise unable to manage your own affairs, the appropriate court in your state may name a guardian to manage your affairs.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.


A person who operates under court supervision and handles the affairs of a party—the ward—who is incapable of doing so.Wards may be minor children or those adjudged incompetent. Guardians may execute deeds on behalf of their wards. In some states, a guardian may not place a mortgage on property owned by the ward, nor may the guardian buy property subject to a mortgage.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Earlier this month, the state started applying changes in travel permits, and the website of Saudi Arabia's General Directorate of Passports announced allowing women over 21 to leave the country without the guardian's approval starting from 31 August.
Mohammed Al-Issa told Arab News on Thursday that the Ministry of Education was set to scrap the mahram (guardian) clause but said the move was yet to be officially confirmed.
During the leadership conclave, Guardian shared, learned and grew together through the best emergent learnings from thought leaders across the globe.
He has a job to do, and you could get him fired." She understands the responsibilities placed on each guardian animal, and the consequences that occur if they're distracted.
The Marvel Comics legend appears towards the end of the "Guardians Inferno" music video.
(e) a report of an independent audit by a qualified certified public accountant, to be filed with the [begin strikethrough]Statewide Public Guardianship[end strikethrough] Office of Public and Professional Guardians every 2 years.
[section] 744.3135, the court had discretion over whether to require nonprofessional guardians to submit to a credit history investigation and level-two background screening.
The gifts will be distributed by Guardian ad Litem volunteer child advocates to children who have been removed from their homes by no fault of their own with nearly 200 children receiving holiday presents.
More than 50,000 Texans now have guardians, a 60 percent increase since 2011, said David Slayton, the council's executive director.
Says Restoration Director Jim Matson, "Whether it's the Chihuahuan Desert, Colorado Plateau, Rio Grande Valley, southwestern plains grasslands, pinyon and juniper, ponderosa pine, mixed conifer, subalpine or alpine forests, all of these ecosystems are important to protect for future generations of the American public as well as wildlife." They still work in the Jemez Mountains, which is where American Forests has partnered with them since 2010 on another cause that has been part of WildEarth Guardians' vision since the beginning: recovering lands from overgrazing.
It also presented an important public issue of statewide significance including the supervision of guardians and the ability of incapacitated persons to decline medical treatment, the court said.
In Qatar the Guardians' spirit of camaraderie is very much alive and one of its staunch advocates is the Braveheart Knights Qatar International Chapter (BKQIC).