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LSDefine

Simple English definitions for legal terms

financial guardian

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A quick definition of financial guardian:

A financial guardian is a person who takes care of someone's property when that person cannot do it themselves. This can happen if the person is too young, sick, or disabled. The financial guardian has to be responsible and use the property in the best way possible. They are different from a guardian of the person, who takes care of the actual person instead of their property.

A more thorough explanation:

A financial guardian, also known as a guardian of the estate, is a person who is legally responsible for managing the property of someone who is unable to do so themselves. This could be due to reasons such as being too young, having a disability, or being incapacitated.

The financial guardian has the duty to take care of the property and use it in the best way possible. They must act in the best interest of the person they are responsible for and make sure that their assets are protected and managed properly.

For example, if a person becomes incapacitated due to an accident and is unable to manage their finances, a financial guardian may be appointed by the court to manage their assets. The financial guardian would then be responsible for paying bills, managing investments, and making financial decisions on behalf of the incapacitated person.

It is important to note that a financial guardian is different from a guardian of the person. While a financial guardian is responsible for managing the person's property, a guardian of the person is responsible for taking care of the actual person.

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JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
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