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Session Laws, 1969
Volume 692, Page 115   View pdf image
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MARVIN MANDEL, Governor                          115

(19)    pay any valid claim;

(20)    when any assets of the estate are encumbered by mortgage,
pledge, lien, or other security interest, pay the encumbrance or any
part thereof, renew, or extend any obligation secured by the encum-
brance, or convey or transfer the assets to the creditor in satisfac-
tion of his security interest, in whole or in part, if any such act ap-
pears to be in the best interests of the estate; and

(21)    release or terminate any mortgage or security interest, if
the obligation secured by the mortgage or security interest has been
fully satisfied.

(b) Tenancies by the entireties. When property is held as ten-
ants by the entireties and a guardian is appointed for either spouse,
the Court, upon petition of the guardian, the other spouse, or both,
may order a sale and a division of the proceeds in such manner as
the Court may deem appropriate.

214. Duties and Powers of Guardian in Distribution.

(a)    In general. A guardian may distribute or disburse property
without court authorization or confirmation in accordance with this
Section.

(b)    Support. A guardian of a minor may pay or apply income
and principal from the estate as needed for the minor's clothing,
support, care, protection, welfare, and education.

A guardian of a disabled person may pay or apply sums from in-
come and principal from the estate as needed for the clothing, sup-
port, care, protection, welfare, and rehabilitation of the disabled
person, giving consideration to the support and care of the disabled
person during the probable period of the estate, and the needs of
persons dependent upon the disabled person. Income and principal
may also be paid or applied for such purposes for the benefit of per-
sons legally dependent upon the minor or disabled person and, with
the approval of the Court, for the benefit of other persons who had
been maintained and supported in whole or in part by the disabled
person prior to the appointment of a guardian.

(c)    Other distributions.

(1)    On attainment of majority. When a minor, who has not been
adjudged unable properly to manage his property and affairs for
reasons other than his minority, attains his majority, his guardian,
after meeting all prior claims and expenses of administration, shall
distribute the estate to the former minor as soon as possible. The
distribution normally shall be in kind.

(2)    On cessation of disability. When the guardian is satisfied
that the disability of the disabled person has ceased or when the
court has found in a proceeding under Section 221 that the disability
has ceased, the guardian, after meeting all prior claims and expenses
of administration, shall distribute the estate to the former disabled
person as soon as possible. The distribution normally shall be in
kind.

(3)    On death. When a minor or disabled person dies, the
guardian sh