Property guardian
Term · Law · MLC-T-LAW-003971
An individual or entity appointed by a court to manage and protect the assets of another person, often someone who is incapacitated or a minor. The guardian has a fiduciary duty to act in the best financial interests of the ward. This role is distinct from a guardian of the person, who oversees personal care.
| Identifier | MLC-T-LAW-003971 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003971",
"term": "Property guardian",
"field": "Law",
"definition": "An individual or entity appointed by a court to manage and protect the assets of another person, often someone who is incapacitated or a minor. The guardian has a fiduciary duty to act in the best financial interests of the ward. This role is distinct from a guardian of the person, who oversees personal care.",
"url": "https://mlchart.com/terminology/law/property-guardian/"
}
Record 4,017 of 5,445 in Law terminology (MLC-0107). Request the full dataset.