An adult is a person who has attained the age of majority, legally recognized as being responsible for their actions and capable of engaging in contracts and other legal responsibilities.
Emancipation is the legal process by which a minor is granted the freedom to assume certain legal responsibilities normally associated only with adults. This status is typically granted by a court.
Guardianship expenses refer to the costs associated with services provided by a guardian for a minor. These expenses are often related to the care and management of the minor's personal and financial affairs, and may be tax-deductible in certain situations.
The term 'majority' can refer to more than half of a group, especially in voting contexts, or the age at which a person is considered legally independent and responsible for their actions.
A 'minor' refers to an individual who is under the age of majority, which is specified by law. This age can range between 18 to 21 years, depending on the jurisdiction. Certain contracts entered into by minors are voidable at the discretion of the minor.
