Inheritance For Minor Children

Summary

In New York, a minor can inherit property, but a guardian must be appointed to manage the property until the minor turns 18. This can be a guardian appointed by the court, a trustee under a trust, or a custodian under the Uniform Transfers to Minors Act.

Full Conversation

Is a inheritance from a dead parent put in the childs name even if they are a minor?
Hello ****, the handling of inheritance for minors can vary. May I ask which country or state you are referring to? This will help me provide more accurate information.
New york
In New York, a minor can inherit property, but a guardian must be appointed to manage the property until the minor turns *. This can be:
- A Guardian appointed by the court
- A Trustee under a trust
- A Custodian under the Uniform Transfers to Minors Act.