Guardianship Of Childs Assets

Summary

To obtain guardianship of your childs assets in Ontario, you must apply to the court, demonstrate the childs need for a guardian, and show your suitability. If the childs father has passed away and named an ex as the trust beneficiary, you can apply to the court for a variation of trust or guardianship order. Consult a lawyer for detailed advice.

Full Conversation

How can I obtain guardianship of my kids assets
Hello ****, to obtain guardianship of your child's assets, you typically need to petition the court. The process may vary depending on your location. Can you please share where you are based?
Branford Ontario
Hello ****,
In Ontario, to obtain guardianship for a child's property, you must:
- Apply to the court
- Clearly demonstrate the child's need for a guardian
- Show how you, as the applicant, are suitable
It's important to consult with a legal professional for specific guidance.
My daughter's father has passed away in * he has a life insurance policy and made his ex the trust to my kids life insurance
Hello ****,
In Ontario, the insurance proceeds would typically be paid to the named beneficiary. However, if there are concerns about the beneficiary's ability to manage the funds, you can apply to court for a variation of trust or a guardianship order. Consult a lawyer for detailed advice.