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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 ?
When the Labor Ministry deemed that women no longer need a legal guardian's permission for a woman to seek employment, many private companies still demanded the requirement.
The government shall take all appropriate measures to protect the child from physical or mental violence, injury or abuse, neglect or negligent treatment, maltreatment or exploitation, including sexual abuse while in the care of parents, legal guardians or any person entrusted with the care of the child.
Whatever his attitude, you're his legal guardian until he's 18.
Accordingly, with the approval of ZM's biological mother (who lives in Maryland and was not her daughter's legal guardian), Rothenberg ordered that the child be aborted and ZM undergo a tubal ligation.
Offenses against the family and children--Unlawful nonviolent acts by a family member (or legal guardian) which threaten the physical, mental, or economic well-being or morals of another family member and which are not classifiable as other offenses, such as Assault or Sex Offenses.
Mr Jones, who is the twins' legal guardian, said he was confronted by men armed with hammers as he tried to stop his wife leaving his house at Darren View, in Penyard, Merthyr Tydfil.
55-59), we incorrectly wrote that Gail Williamson had "legally adopted her six nieces and nephews." The correct reference is: first-- Gail did not adopt but is the legal guardian of her six nieces; and second--she has six nieces and no nephews.
Rivera became the children's legal guardian when their parents--Rivera's brother and sister-in-law--died of AIDS complications, in 1994 and 1996, respectively.
These measures have been taken to avoid commercial exploitation of the cars." Al-Sinani said that a legal guardian is responsible for the safe transportation of a disabled individual in whose name the vehicle is issued.
The bill will change the definition of harassment to include photographing a kid without permission of a legal guardian.
The 35-year-old star, whose real name is Curtis Jackson, confessed his grandmother became his legal guardian after his mother was murdered when he was 12.