Guardianship of Minor Estates

This is the only minor guardianship procedure that is not managed by the juvenile court.

A parent is the natural guardian of the person for their minor child, but if the minor child receives assets, for example through an inheritance, the parent does not have the legal authority to manage these funds.  In these situations the minor will need to have a person appointed as a guardian of the estate for them to manage and invest these funds until they reach the age of 18. 

The minor guardian of the estate is required to file an inventory within 60 days of their appointment.  This inventory will list the assets that they are managing for the minor until the reach the age of 18. 

In addition the guardian shall file with the Register in Probate an annual accounting of their management of the assets.  This account will be sent to the guardian by the Register in Probate and is required to be filed by April 15th of each year the guardianship is in existence.