15 Guam Code Ann. § 3357
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Terms Used In 15 Guam Code Ann. § 3357
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Probate: Proving a will
- Trustee: A person or institution holding and administering property in trust.
Subject to the limitations and requirements of this Article, an order may be made by the Superior Court accepting the transfer of the place of administration of a trust from another jurisdiction to the territory of Guam, or the transfer of some or all of the assets of a trust in another jurisdiction to a trustee in the territory of Guam.
SOURCE: California Probate Code, § 1139.11.