Examples of Public Guardian and Trustee in a sentence
The Public Guardian and Trustee provides written comments and recommendations to the court as required by the Family Law Act.
Many roles combine the legal, financial, and social services expertise of the Public Guardian and Trustee.
The Public Guardian and Trustee is authorized under the Public Guardian and Trustee Act to investigate the activities of a committee, an attorney acting under an enduring power of attorney, a representative acting under a representation agreement, and certain trustees, where the assets or interests in a trust of a minor or incapable adult in a trust may be at risk.
These roles are: • Trustee: The Public Guardian and Trustee is appointed by statute, deed, will, or court order to administer assets for the benefit of minors or incapable adults.
The Public Guardian and Trustee may also provide recommendations to the court regarding the settlement of an incapable adult’s claim for damages (Supreme Court Civil Rule 20-2(17) and (18)).
The Public Guardian and Trustee provides services to clients in a number of distinct roles.
When managing the financial affairs of an individual or the assets of an estate or trust, the Public Guardian and Trustee is bound by fiduciary principles and the law governing trustees.
For settlements over $50,000 exclusive of costs and interest, the Public Guardian and Trustee provides written comments to the court evaluating the sufficiency of the settlement.
As with all trustees, the Public Guardian and Trustee is accountable to clients and ultimately to the court for the administration of assets held in trust.