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What happens if there is no guardian named for the minor child?

April 26, 2017child Guardian happens minor named

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What happens if there is no guardian named for the minor child?

1 Answer

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10 Posted

The UTMA (Uniform Transfer to Minors Act) permits disbursement of funds to a minor child without guardianship papers. There are certain guidelines and limitations determined by each state regarding disbursement of funds to a minor under this act. Contact New York Life for specific information.