N.Y. Dom. Rel. Law § 82

§ 82. Powers and duties of such guardians. Every such disposition,\nfrom the time it takes effect, shall vest in the person to whom made, if\nhe accepts the appointment, all the rights and powers, and subject him\nto all the duties and obligations of a guardian of such minor, and shall\nbe valid and effectual against every other person claiming the custody\nand tuition of such minor, as guardian in socage or otherwise. He may\ntake the custody and charge of the tuition of such minor, and may\nmaintain all proper actions for the wrongful taking or detention of the\nminor, and shall recover damages in such actions for the benefit of his\nward. He shall also take the custody and management of the personal\nestate of such minor and the profits of his real estate, during the time\nfor which such disposition shall have been made, and may bring such\nactions in relation thereto as a guardian in socage might by law.\n