If you do not have a will or your will does not make provision for a guardian, the Court will appoint aguardian-ad-litemfor minor children. This person will represent the child (speak for the child because the child cannot do so) in any court proceedings that involves the child. A clos...
a Virginia court will appoint an adult as the child's guardian. A guardianship can be temporary during the pendency of a custody hearing or can be a long-term arrangement when the natural parents are unable or unwilling to care for a child. Guardianships are also common when dealing with in...
a Virginia court will appoint an adult as the child's guardian. A guardianship can be temporary during the pendency of a custody hearing or can be a long-term arrangement when the natural parents are unable or unwilling to care for a child. Guardianships are also common when dealing with in...
If your children are of the age that they require guardianship and there is no remaining natural parent to take care of them, you should name a legal guardian in your Will or the court will appoint one. This is probably the most important clause for parents in determining how to write a...
Your will is the place to name a legal guardian for minor children and to specify your funeral arrangements.You can amend your will anytime, and a will should be reviewed periodically along with the beneficiary designations of things like your retirement accounts and life insurance policy....
Accounts held by a legal guardian These are some, but not necessarily all, of the types of securities and capacities covered by the SIPC. However, you should always check with your brokerage for further specifics or types of accounts not mentioned here. ...
Appoint someone you trust to be the guardian of your minor children. 3. Find a trusted executor for your estate When it comes tochoosing an executoror manager of your estate, it's important to pick someone you trust. This individual will be responsible for ensuring the stipulations in your ...
to obtain the funds. Restrictions on how much money minors can access via a life insurance policy vary from state to state so the transfer won't be as clean and simple as it would be with an adult. In some cases, the court may even have to appoint a guardian to administer the funds...
The Uniform Transfers to Minors Act (UTMA) allows a minor to receive gifts without the aid of a guardian or trustee. The law is an extension of the Uniform Gifts to Minors Act. The minor named in the UTMA can avoid tax consequences until they attain legal age for the state in which th...
A will and last testament directs thedispositionof your assets, such as bank balances, property, or prized possessions. It will detail who is to receive property and in what amount. It can establish guardian arrangements for survivingdependents. If you have a business or investments, your will ...