N.J.S.A. 3B:12-38 — Title to ward's property vested in guardian as trustee.

3B:12-38 Title to ward's property vested in guardian as trustee. 3B:12-38. Title to ward's property vested in guardian as trustee. The appointment of a guardian of the estate of a minor or an incapacitated person vests in him title as trustee to all property of his ward, presently held or thereafter acquired, including title to any property theretofore held for the ward by attorneys in fact. The appointment of a guardian is not a transfer or alienation within the meaning of general provisions of any Federal or State statute or regulation, insurance policy, pension plan, contract, will or trust instrument, imposing restrictions upon or penalties for transfer or alienation by the ward of his rights or interest, but this section does not restrict the ability of persons to make specific provision by contract or dispositive instrument relating to a guardian. Amended 2005, c.304, s.26.

This is the verbatim text of N.J.S.A. 3B:12-38, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.