Who is described as the donee of a power during minority?

Prepare for the Surrogate's Court Clerk Exam with quizzes. Study with multiple choice questions, get detailed hints and explanations, and ace your exam!

Multiple Choice

Who is described as the donee of a power during minority?

Explanation:
During minority the infant cannot manage property, so someone else is given authority to handle it. The donee of a power is exactly that person—the one who is granted or deemed to have the power to manage property vested in the infant. This means the donee holds the authority to deal with the infant’s property for the infant’s benefit, even if the title of that role varies (often a guardian of the property or another fiduciary). The infant itself cannot be the donee, and while a guardian is a common holder of this power, the essential idea is the recipient of the authority to manage the property, not the infant or the court.

During minority the infant cannot manage property, so someone else is given authority to handle it. The donee of a power is exactly that person—the one who is granted or deemed to have the power to manage property vested in the infant. This means the donee holds the authority to deal with the infant’s property for the infant’s benefit, even if the title of that role varies (often a guardian of the property or another fiduciary). The infant itself cannot be the donee, and while a guardian is a common holder of this power, the essential idea is the recipient of the authority to manage the property, not the infant or the court.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy