What is Guardian Fund?
The Guardian’s Fund was created to receive and manage money on behalf of persons who are legally incapable or do not have the capacity to manage their own affairs. This includes minors, unborn heirs, and missing or absent persons.
Guardian Fund South Africa Contact Details
How to claim money from the Guardian Fund?
Money can be claimed by the beneficiary when entitled by way of an application on form J251, supported by a certified copy of the account holder’s identity document/passport/ marriage certificate/order of court and verification of fingerprints of the applicant.
How does the guardian Fund work in South Africa?
The money in the Guardian’s Fund is invested with the Public Investment Commission and audited annually.
The High Court appoints a guardian, who can then claim maintenance for the person whose money is held in the fund.
How much is the guardian fund in South Africa?
If you are the guardian of a minor child who is to inherit funds from a deceased estate, you will be able to submit a claim for up to R250 000.00 a year plus any interest accrued for expenses relating to the maintenance of the said child.
Where do I apply for guardianship in South Africa?
You would need to apply to the court for sole custody of your child. You may also go to the Children’s Court of the High Court.