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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 ?
1994) (holding that law guardian is entitled to qualified immunity when functioning primarily as child's guardian ad litem but would be liable for ordinary negligence when functioning as child's attorney).
The wording of this subsection is somewhat confusing because the precatory and final language talks about appointing "counsel" instead of appointing a "law guardian," as it does in the middle.
Skittone, Francine's law guardian, showed up two and a half hours late.
Eventually, the ladies agitated for the right of women to stand as poor law guardians. They obtained this right in Ireland in 1896, much later than in England, when the first female poor law guardian was elected in 1875.
"No," he says, "they just took it upon themselves to say what's best for us." He remembers repeatedly telling his caseworker, his law guardian, and even his judge (by letter) that he wanted to go home.
It benefited from the 1834 Poor Law Amendment Act, which created elected Poor Law Guardians to run the workhouses, and the 1835 Municipal Corporations Act which set up the modern elected bodies which ran the cities and allowed the massive growth of civic pride.
At the same time, poor law guardians on the Brixworth union board began crusading policies with harsher and more stringent criteria for relief.
The old school was built at the beginning of the First World War at the request of the Poor Law Guardians of Newcastle to accommodate children from the Cottage Homes at Kirkley, near Ponteland.