When the entire real and personal estate, wherever located of a resident or nonresident minor has a net value of $25,000 or less, all or any part of it may be received and held or disposed of by the minor, or by the parent or other person maintaining the minor, without the appointment of a guardian or the entry of security, in any of the following circumstances:
(1) Award from decedent's estate or trust.--When the court having jurisdiction of a decedent's estate or of a trust in awarding the interest of the minor shall so direct.
(2) Interest in real estate.--When the court having jurisdiction to direct the sale or mortgage of real estate in which the minor has an interest shall so direct as to the minor's interest in the real estate.
(3) Other circumstances.--In all other circumstances, when the court which would have had jurisdiction to appoint a guardian of the estate of the minor shall so direct.
(Dec. 10, 1974, P.L.867, No.293, eff. imd.; Dec. 1, 1994, P.L.655, No.102, eff. 60 days)
Cross References. Section 5101 is referred to in sections 5102, 5505 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Section 5101 - When guardian unnecessary
Section 5102 - Power of natural guardian
Section 5103 - Sequestered deposit
Section 5111 - County of appointment
Section 5112 - Persons not qualified to be appointed by the court
Section 5113 - Persons preferred in appointment
Section 5114 - Service of process on nonresident guardian (Repealed)
Section 5115 - Appointment of guardian in conveyance
Section 5121 - Necessity, form and amount
Section 5122 - When bond not required
Section 5123 - Requiring or changing amount of bond
Section 5131 - Grounds and procedure
Section 5141 - Possession of real and personal property
Section 5143 - Abandonment of property
Section 5144 - Powers, duties and liabilities identical with personal representatives
Section 5146 - Guardian named in conveyance
Section 5147 - Proceedings against guardian
Section 5151 - Power to sell personal property
Section 5153 - Provisions identical to other estates
Section 5154 - Title of purchaser
Section 5161 - When accounting filed
Section 5162 - Where accounts filed
Section 5163 - Notice, audits, reviews and distribution
Section 5163.1 - Distribution to personal representative (Repealed)
Section 5164 - Distributions for support and education