Name a property guardian.

If you wish, you can simply use your will to name a property guardian for your child. Then, if at your death your child needs the guardian, the court will appoint the person you choose. The property guardian will manage whatever property the child inherits, from you or others, if there's no other mechanism (a trust, for example) to handle it.

Comments:

until they are well into adulthood - пока они давно не станут взрослыми

Find in the text English equivalents of the following phrases:

опекун, попечитель - 1

опекун, попечитель - 2

опека, попечительство

опекунство

доверительная собственность, опека (над имуществом и т. п.)

назначить опеку над имуществом

прекратить опеку над имуществом

общая доверительная собственность

доверительный собственник

налоговая декларация

подавать налоговую декларацию

WILL - подберите к английским клише соответствующие русские сочетания

Say whether the following statements are TRUE, FALSE or INCOMPLETE. In case of FALSE or INCOMPLETE statements give the correct version.

1. Minors don't inherit property.

2. The custodian will manage the property until the child reaches the age of 21.

3. Serving as a trustee is the same as serving as a custodian.

4. One trust for all children is called a pot trust.

Answer the following questions:

1. What does one need to do to set up a custodianship?

2. Who is & personal guardian and what is he/she responsible for?

3. Who appoints the personal guardian?

4. What does a person called a custodian do?

5. Is trustee the same as custodian!

6. What is the main drawback of the pot trust?

Can I disinherit relatives I don 7 like?