22 Guam Code Ann. § 5003
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Terms Used In 22 Guam Code Ann. § 5003
- Decedent: A deceased person.
- Fiduciary: A trustee, executor, or administrator.
- Trustee: A person or institution holding and administering property in trust.
(a) This Act applies to:
(1) a fiduciary acting under a will or power of attorney executed before, on, or after the effective date of this Act;
(2) a personal representative acting for a decedent who died before, on, or after the effective date of this Act;
(3) a guardianship proceeding commenced before, on, or after the effective date of this Act; and
(4) a trustee acting under a trust created before, on, or after the effective date of this Act.
(b) This Act applies to a custodian if the user resides in Guam or resided in Guam at the time of the user’s death.
(c) This Act does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer’s business.