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LSDefine

Simple English definitions for legal terms

custodian

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A quick definition of custodian:

A custodian is a person who takes care of something. For example, a custodian can be someone who takes care of a child's money until they are old enough to use it. In bankruptcy, a custodian is someone who is appointed to take care of a person's property to help pay off their debts.

A more thorough explanation:

A custodian is a person who is responsible for taking care of something. This can include managing property or assets, enforcing liens, or general administration of property for the benefit of creditors.

  • Under the Uniform Transfers to Minors Act (UTMA) and Uniform Gifts to Minors Act (UGMA), a custodian is a person named to manage property left or given to a child until they reach the age specified by state law.
  • In the context of bankruptcy, a custodian can be a receiver, trustee, assignee, or agent appointed to take charge of property for the purpose of enforcing a lien or general administration for the benefit of creditors.
  • A school custodian is responsible for maintaining and cleaning the school building and grounds.

These examples illustrate how a custodian can have different responsibilities depending on the context. In all cases, however, a custodian is someone who has been entrusted with the care and management of something valuable.

custodial parent | custody

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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