Legal Guardians

Familial Status
Familial status refers to a characteristic determined by a person's household type, such as marriage and existing or prospective children. It is a key term under the Fair Housing Law and the Fair Credit Reporting Act, aimed at prohibiting discrimination against individuals under 18 living with a parent or legal guardian, as well as pregnant women.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.