Guardian Liability
/ˈɡɑːrdiən laɪəˈbɪlɪti/
Definitions
- (n.) Legal responsibility of a guardian for the actions or obligations of their ward or the management of the ward’s estate.
The court held the guardian liable for failing to properly manage the minor’s finances.
- (n.) The obligation of a guardian to answer for any breach of fiduciary duties owed to the ward.
Guardian liability arises when the guardian neglects their fiduciary duties.
Forms
- guardian liability
Related terms
See also
Commentary
Guardian liability primarily concerns the fiduciary and statutory duties guardians owe to wards; drafters should carefully specify the scope of liability and exceptions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.