Guardianship Services Handbook

Section 4000

Guardian of the Estate and Financial Management
Table of Contents

NOTE: Click on the bold main headings to view sub-topics more quickly.

Duties of the Guardian of the Estate

4110: Responsibilities of the Guardianship Specialist (GS) as Guardian of the Estate and Representative Payee

4120: Responsibilities of the Guardianship Accountant (GA)

4130: Setting Up and Keeping Accurate Records – General Information

4140: GS Record-Keeping Responsibilities

4150: GA Record-Keeping Responsibilities

4160: Financial Case Record Time Frames

Locating, Taking Possession of, and Securing Property

4210: Handling a Ward's Valuables or Cash

4221: Change of Address

4222: Credit Checks on Credit Accounts

Qualified Income Trust (QIT) – General Information

4241.1: Establishing a Qualified Income Trust (QIT)

4241.2: Managing a Qualified Income Trust (QIT)

4250: Stocks and Bonds

Government Benefits and Pension Checks

4261: Annual Accounting to Government Agencies

Insurance Policies – General Information

4271: Insurance Policies

4272: Life Insurance Policies

4281: Burial – Purchasing a Pre-Need, Burial or Cremation Contract or Policy

Other Financial Issues

4291: Reserved

4292.1: Mineral Rights

4292.2: Life Estates and Remainderman

4293: Motor Vehicles

4294: Maintaining and Otherwise Securing Real and Personal Property

4295: Joint Ownership of Property

Managing the Ward's Estate – General Information.

4310: Order of Paying Claims

Transfer of Representative Payee Role for Aging-Out Child (AOC) – General Information.

4410: Accounts for Aging Out Children (AOC) – General Information.

4420: Determination of Benefits

4430: Planning Control of Benefits

4440: Representative Payee Application Procedures for AOC – General Information.

4450: Representative Payee Application Procedures by DADS

4460: Representative Payee Application Procedures for the Residential Care Provider

4470: Procedures for Dedicated Accounts

Hiring Service Providers – General Information.

4510: Hiring Experts to Manage the Estate

4520: Selecting Professionals

4530: Hiring Private Assistants in the Ward's Home

4540: Verification of Employability

4550: Payment of Wages

4560: Taxes – General Information.

4570: Federal Income Taxes

4580: Local Taxes

4600: Mismanagement by a Fiduciary

Termination of Guardianship of Estate – General Information.

4710: Final Debts

4720: Distribution of Property

4730: Final Duties of Guardian of Estate