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A custodial account is a financial account (such as a bank account, a trust fund or a brokerage account) set up for the benefit of a beneficiary, and administered by a responsible person, known as a legal guardian or custodian, who has a fiduciary obligation to the beneficiary. [1]
First Nations Australians have expressed their interpretations of traditional custodianship through academic writing, political advocacy, traditional stories, poetry and music. Numerous Aboriginal and Torres Strait Islander cultures share an understanding that, contrary to Western views on land ownership , the land "owns us".
For example, a special guardian may be granted the legal authority in Korea to decide how to handle the ward's assets without being granted any control over the ward's person. Specified guardian (특정후견인): A specified guardian is a person appointed to represent a person's interests in relation to a particular court proceeding or process ...
Caring for aging parents or for special needs children or other relatives can add new dimensions to your estate plan. There are various legal and financial issues that may need to be untangled and ...
A guardian with responsibility for both the personal well-being and the financial interests of the ward is a general guardian. A person may also be appointed as a special guardian, having limited powers over the interests of the ward. A special guardian may, for example, be given the legal right to determine the disposition of the ward's ...
Clean-up crew or custodian, a term used for a various arthropods in a terrarium; The Custodian, a 1993 Australian film; Custodian bank, an organization responsible for safeguarding a firm's or individual's financial assets
Stewardship was originally made up of the tasks of a domestic steward, from stiġ (house, hall) and weard, (ward, guard, guardian, keeper). [11] [12] In the beginning, it referred to the household servant's duties for bringing food and drink to the castle's dining hall. Stewardship responsibilities were eventually expanded to include the ...
Child custody is a legal term regarding guardianship which is used to describe the legal and practical relationship between a parent or guardian and a child in that person's care. Child custody consists of legal custody , which is the right to make decisions about the child, and physical custody , which is the right and duty to house, provide ...