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What is a Guardianship of the Estate?

A guardianship of the estate is set up to manage a child's income, money, or other property until the child turns 18. A child may need a guardian of the estate if s/he inherits money or assets. In most cases, the court appoints the surviving parent to be the guardian of the child's estate.

In some cases the same person can be the guardian of the person and of the estate. In other cases, the court will appoint two different people.

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