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GUARDIANSHIP INFORMATION
In California, when a
child’s parents are unable to care for the child, an
adult guardian of the person must be
appointed to care for the child. In addition, if a
child inherits property, a guardian of the estate
must usually be appointed to manage the child’s
property.
Guardianship of the
Estate:
Even if a child lives
with one or both parents, a guardianship is
generally required if the child inherits property
more than $20,000. (Smaller inheritances can often
be held in a “custodianship” under California
Uniform Transfers to Minors Act (UTMA), or can be
distributed to the child’s parents.)
The guardian must file a
petition in the Probate Court. There is a
$193.00 filing fee, which may vary from county to
county and sometimes waived for those with very low
incomes. A bond must also be purchased from an
insurance company unless the money will be deposited
in a “blocked account” with a bank or brokerage.
After the court appoints a guardian, an inventory
and appraisal must be filed, and annual or bi-annual
accountings must also be filed with the court until
the child reaches age 18.
Guardianship of the
Person:
In general, a
guardianship of the person should be obtained
whenever a child is permanently living with someone
other than a parent. Historically, this occurred
when both parents died, or when one parent died and
the other was absent or unable to care for the
child. Unfortunately, in our modern society, most
guardianships now occur because both parents are
alive but are unable to provide a safe, secure home
for the child. Occasionally grandparents will seek
guardianship because the children’s parents suffer
from serious personal problems, including drug abuse
and alcoholism. |