If your minor child owns property (inheritance, life insurance, benefits or any other material belongings), you, as legal tutors, are considered the administrators of the property. This means that you must see to its preservation so that you can give it to the child when he or she reaches full age. At that point, you will have to report on your management.
If the value of your child’s property exceeds $25 000, you must inform the Curateur public du Québec.