The opinion of the court was delivered by COHEN, J.A.D.
The question before us is whether a court may authorize a guardian to invest a minor's funds in an annuity contract which contemplates deferred periodic payments extending beyond minority. We hold that there is no bar to such authorization, but that it should not be granted in every case.
ADL was six years old at the time of these proceedings. His father's death had been the subject of an earlier action...
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