California Probate Code 3410 – (a) This article applies to both of the following …
(a) This article applies to both of the following cases:
(1) Where the minor has a guardian of the estate and the sole asset of the guardianship estate is money.
Terms Used In California Probate Code 3410
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Property: means anything that may be the subject of ownership and includes both real and personal property and any interest therein. See California Probate Code 62
- Will: includes codicil and any testamentary instrument which merely appoints an executor or revokes or revises another will. See California Probate Code 88
(2) Where the minor has no guardian of the estate and there is money belonging to the minor.
(b) This article does not apply to, and there shall be excluded in computing “money belonging to the minor” for the purpose of this article, all of the following:
(1) Money or property which is or will be held as “custodial property” pursuant to the California Uniform Transfers to Minors Act, Part 9 (commencing with Section 3900).
(2) Any money or property subject to court order pursuant to subdivision (c) of Section 3602 or Article 2 (commencing with Section 3610) of Chapter 4.
(Enacted by Stats. 1990, Ch. 79.)