Terms Used In Vermont Statutes Title 14 Sec. 2841

  • 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.
  • Probate: Proving a will

§ 2841. Limiting time for payment of debts

When a ward owes debts at the time of the appointment of his or her guardian, the Probate Division of the Superior Court may allow the guardian a reasonable time, not exceeding one year, to dispose of the estate and collect the demands for the ward and pay such debts. In the discretion of the court, such time may be extended so as not to exceed two years in the whole. (Amended 2009, No. 154 (Adj. Sess.), § 238a, eff. Feb. 1, 2011.)