OCL Form 1 "Management Plan - Schedule "a" to Judgment" - Ontario, Canada

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Form 1
Management Plan -
Ministry of the
Office of the
Attorney General
Children's Lawyer
Schedule "A" to Judgment
- To be completed as part of an Application for Guardianship over the Property of a Minor (A
Person under 18) under the Children's Law Reform Act.
- You must complete a separate Schedule for each minor. You can renumber each Schedule A
through Z accordingly.
Schedule "
A
” to Judgment
1. This management plan is provided as part of the application made by:
Full name of applicant
First Name
Middle Name
Last Name
Full name of applicant
First Name
Middle Name
Last Name
Full name of applicant
First Name
Middle Name
Last Name
Court File Number (if available)
to be appointed as guardian(s) of the property of the minor:
First Name
Middle Name
Last Name
Date of Birth (yyyy/mm/dd)
2. Guardianship of Property
To the best of our knowledge and belief, the assets and income of :
Last Name
First Name
the minor (Insert
name of minor)
to be covered by the Guardianship are: (state assets and income intended to be covered by the
Guardianship below)
OCL Form 1 Management Plan
© Queens Printer, May 2021
Disponible en Français
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Form 1
Management Plan -
Ministry of the
Office of the
Attorney General
Children's Lawyer
Schedule "A" to Judgment
- To be completed as part of an Application for Guardianship over the Property of a Minor (A
Person under 18) under the Children's Law Reform Act.
- You must complete a separate Schedule for each minor. You can renumber each Schedule A
through Z accordingly.
Schedule "
A
” to Judgment
1. This management plan is provided as part of the application made by:
Full name of applicant
First Name
Middle Name
Last Name
Full name of applicant
First Name
Middle Name
Last Name
Full name of applicant
First Name
Middle Name
Last Name
Court File Number (if available)
to be appointed as guardian(s) of the property of the minor:
First Name
Middle Name
Last Name
Date of Birth (yyyy/mm/dd)
2. Guardianship of Property
To the best of our knowledge and belief, the assets and income of :
Last Name
First Name
the minor (Insert
name of minor)
to be covered by the Guardianship are: (state assets and income intended to be covered by the
Guardianship below)
OCL Form 1 Management Plan
© Queens Printer, May 2021
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Property:
(Please list any additional properties on a separate page).
Nature of Property
Details
Value
Total
3. Investment of assets and income under Guardianship
As guardians of property, we will monitor the market place and invest in the Canadian market, the United
States market or the world market. We will invest as prudent investors pursuant to the Trustee Act, R.S.O.
1990, c. T.23, as amended, and specifically will consider the following criteria in planning the investment of
trust property, in addition to any others that are relevant to the circumstances:
a. General economic conditions.
b. The possible effect of inflation or deflation.
c. The expected tax consequences of investment decisions or strategies.
d. The role that each investment or course of action plays within the overall trust portfolio.
e. The expected total return from income and the appreciation of capital.
f. Needs for liquidity, regularity of income and preservation or appreciation of capital.
g. An asset's special relationship or special value, if any, to the purposes of the trust or to the
beneficiary.
We will also diversify the investment of trust property to an extent that is appropriate to (a) the requirements
(b)
of the trust and
general economic and investment market conditions
4. Use of Funds
By signing this form, I/we confirm that I/we will not require funds for the maintenance of
First Name
Last Name
the minor: (Insert
name of minor)
Details
We plan to invest, manage and maintain custody and control of all securities. Monies will not be disbursed
from this account while
First Name
Last Name
the minor: (Insert
name of minor)
is a minor except for the payment of income tax and reasonable accounting fees for preparation of income
tax returns.
OCL Form 1 Management Plan
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5. Investment Plan
Explain below your plans for investments, taking into account the prudent investor criteria. Please list
proposed investments, the particulars of such investments, and any fees, loads, or commissions associated
with such investments. (Please list any additional investments on a separate page).
Fees, loads or
Proposed Investments
Proposed Investment Particulars
commissions
State ranges for investments
Minimum
Maximum
Cash
%
%
Fixed Income
%
%
Equities
%
%
Undertakings and Acknowledgement of Applicant(s)
[I/We] acknowledge that [I/we] have prepared the above Plan/had it prepared and have read it and
understand its contents.
[I/We] shall abide by the terms of the Management Plan approved by the Court and, generally, in
accordance with the provisions of the Trustee Act, R.S.O. 1990, c. T.23, as amended.
[I/We] shall keep true and accurate records and accounts of all transactions, including investments,
receipts and disbursements, and shall account for the Guardianship as required.
[I/We] shall provide the Minor with education about financial management and investments before the
Minor attains the age of 18 years.
*These terms are not intended to be used in Guardianship of Property Applications to manage a
minor's personal injury
award /settlement
proceeds. Please see Form 2 Management Plan for
personal injury proceeds.
Name of Applicant 1
Signature
Date (mm/dd/yyyy)
Name of Applicant 2
Signature
Date (mm/dd/yyyy)
Name of Applicant 3
Signature
Date (mm/dd/yyyy)
Please complete a separate schedule for any additional Minor(s)
Print
Clear Form
Save
OCL Form 1 Management Plan
© Queens Printer, May 2021
Disponible en Français
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