Legal Definitions - chancery guardian

Definition: A chancery guardian is a type of guardian appointed by a court of chancery to manage both the person and the estate of the ward. A guardian is someone who has the legal authority and duty to care for another's person or property, especially because of the other's infancy, incapacity, or disability.

Example: If a child's parents pass away and there is no other family member to take care of them, a court may appoint a chancery guardian to manage the child's personal and financial affairs until they reach adulthood.

This example illustrates the definition of a chancery guardian as someone appointed by a court to take care of a ward's personal and financial affairs when there is no one else to do so.