Can an Under Age Child Inherit a Car Without a Will?

By Teo Spengler

A parent with young children must address numerous estate-planning questions, including naming a guardian to raise the children and providing sufficient assets to care for and educate them. Most property inherited by a minor requires adult management. Parents can best tackle these issues by preparing a will. Passing away without a will means that a probate court will apply state laws on inheritance, which may not have the outcome a parent would desire.

A parent with young children must address numerous estate-planning questions, including naming a guardian to raise the children and providing sufficient assets to care for and educate them. Most property inherited by a minor requires adult management. Parents can best tackle these issues by preparing a will. Passing away without a will means that a probate court will apply state laws on inheritance, which may not have the outcome a parent would desire.

Minor Children As Heirs

Children are among the most logical and appropriate beneficiaries of a person's bounty. This attitude is echoed in intestate statutes, state laws that describe who may inherit property if an individual dies without a will. Depending upon the laws of the state, the term "children" can include natural children, minor children under the age of 18, adult children, adopted children, illegitimate children, unborn children and those conceived by artificial insemination. Generally, minor children can inherit any type of property an adult may inherit, including vehicles.

Get a free, confidential bankruptcy evaluation. Learn More

Interstate Succession Laws

When a person dies without a will, her property is distributed in accordance with the intestate laws in her state of residence. The details of succession differ among states, but generally, a decedent's surviving spouse and children top the list of family members recognized as heirs. If there's no surviving spouse, then children – including under-aged minors – inherit the bulk of an intestate estate, which includes real and personal property. A young child could inherit a vehicle that is part of the estate.

Appointment of Property Guardian

The law holds that minors cannot manage their lives or finances without adult supervision. A parent making a will that leaves her property to her child can select a trusted family member or friend to serve as a personal guardian (to raise the child) or a property guardian (to manage the child's inheritance). In an intestate estate, the probate court appoints guardians. Depending on state laws and the size of the estate, the court may appoint two different individuals to perform these duties. The property guardian holds and manages the assets, including vehicles, until the child reaches the age of 18.

Rights of Guardian

A court-appointed property guardian or conservator must follow state laws and court oversight in performing his duties. The probate court oversees the property guardian, who generally must obtain court approval before selling assets or making large expenditures. Since vehicles depreciate, a property guardian may request court permission to sell a vehicle inherited by a minor child to invest the proceeds on the child's behalf.

Get a free, confidential bankruptcy evaluation. Learn More
Can a Trustee Be a Guardian?

References

Resources

Related articles

What Happens to an Estate if My Dad Died in Louisiana?

Probate is the means by which a court transfers legal ownership of property from a deceased person to his heirs, usually according to his wishes as reflected in a will. Transferring legal title to property usually requires a probate proceeding in Louisiana, regardless of whether the decedent left a will. Louisiana allows the winding up of some relatively small estates without a probate proceeding, but all the conditions imposed by state law must be met in order for a probate court to distribute estate assets without a formal probate proceeding.

Legal Guardianship of an Infant in Kansas

The legal guardian of an infant in Kansas takes care of the infant and assumes responsibility for her as a parent would. Any person may file a guardianship petition in the district court of the county the child lives in. Petitioners may include relatives of the child and other caretakers, such as the child's doctor, involved in the child's life, as well as county and state welfare agencies. The district court reviews the case and holds legal proceedings to decide whether the infant needs a guardian. Once a legal guardian is appointed for the infant, he has various duties and some authority limitations under Kansas law.

Guardian Vs. Custodian of a Minor Child in a Will

A guardian and custodian become necessary in the event a child's parents pass away, leaving assets and an inheritance behind. Minor children cannot inherit money or assets outright, so a custodian is named or appointed to manage the assets until the child reaches an appropriate age. A guardian, in contrast, is responsible for overseeing the child's day-to-day physical and financial well-being. These positions may be named in a parent's will or appointed by the court.

Related articles

Legal Age to Inherit

A child considered a minor by her state of residence can inherit property, but she can't manage it. The legal age of ...

Setting Up Guardianship in a Will

Probate courts appoint legal guardians to care for minor children if their parents die. A guardian ensures a child ...

Giving Legal Guardianship to Someone When I Die

Making arrangements for the care of your children is perhaps the most important aspect of planning for an unexpected ...

Executor Responsibilities Regarding Minor's Inheritance

The primary job of an estate executor, also called a personal representative, is to gather a decedent's assets for ...

Browse by category