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A custodial account is a financial account (such as a bank account, a trust fund or a brokerage account) set up for the benefit of a beneficiary, and administered by a responsible person, known as a legal guardian or custodian, who has a fiduciary obligation to the beneficiary.
First Nations Australians have expressed their interpretations of traditional custodianship through academic writing, political advocacy, traditional stories, poetry and music. Numerous Aboriginal and Torres Strait Islander cultures share an understanding that, contrary to Western views on land ownership, the land "owns us".
Property guardianship is an arrangement by which people are granted cheap accommodation in return for living flexibly, often in desirable locations and unusual properties such as former commercial buildings like pubs, offices, police stations and even historically important properties.
A custodian bank, or simply custodian, is a specialized financial institution responsible for providing securities services. It provides post-trade services and solutions for asset owners (e.g. sovereign wealth funds, central banks, insurance companies), asset managers, banks and broker-dealers.
The Office of Alien Property Custodian was an office within the government of the United States during World War I and again during World War II, serving as a custodian to property that belonged to US enemies.
Custodian of the Holy Land (i.e., Custos), an appointed ecclesiastical office in the Franciscan Order; Custodian of the Two Holy Mosques, the official title of the head of Saudi Arabia, where the two holiest mosques of Islam are located
Many jurisdictions and the Uniform Probate Code distinguish between a "guardian" or "guardian of the person" who is an individual with authority over and fiduciary responsibilities for the physical person of the ward, and a "conservator" or "guardian of the property" of a ward who has authority over and fiduciary responsibilities for ...
It is a more flexible extension of the Uniform Gifts to Minors Act (UGMA), and allows the gifts to be real estate, inheritances, and other property. [citation needed] The Act allows the donor of the gift to transfer title to a custodian who will manage and invest the property until the minor reaches a certain age. The age is generally 21, but ...