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If the Testator has minor children, he/she should appoint someone to be the guardian of the said children. The guardian should be someone who would be able and responsible in taking care of the necessities and affairs of the minor children of the deceased Testator. The assets belonging to the minor children and/or the maintenance for their needs would be channeled by the Executor and Trustee to the guardian as the caretaker. The Trustee should hold in trust and/or utilize the same in the most appropriate manner for the benefit of the said children until they reach the age of majority, whereupon the assets shall then be transferred to them accordingly.
Any parent who has parental responsibility for his/her child may appoint one or more individuals to be the child’s guardian(s). The appointment generally takes effect on the Testator’s death, provided that there is no surviving parent with parental responsibility for the child at that time.
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