Handbook On the Law of Persons And Domestic Relations

Cover Handbook On the Law of Persons And Domestic Relations
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376; Weed 330 RIGHTS, DUTIES, AND LIABILITIES OF GUARDIANS. (Ch. 12 Where suit is reasonably brought bj a guardian to recover or protect his ward's property, his expenses for attorney's fees and costs will be allowed out of the ward's estate.*'' Allowance will also be made for reasonable counsel fees paid for advice in the management of the trust, and for legal services rendered in any litigation concerning the ward's estate.** But the guardian can- not charge his ward with attorney's fees made... necessary by his own negligence.*^ SAME— INVESTMENTS.
172. A guardian must invest his ward's funds within a reasonable time; and if he fails to do so he will be charged interest, or, in case of gross delinquency, compound interest.
173. He cannot invest money on the credit of individuals or firms, nor, in some states, in stock in corpora- tions, nor can he convert personalty into real estate, without leave of court, but generally he is only called upon to use the care of a prudent man of business.


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