FLORIDA GUARDIAN REVIEW QUESTIONS AND
ANSWERS SET A+
✔✔The hearing on the petition to determine capacity and appointment of guardian is set
by the court within ____ days after the exam committee report - ✔✔14
✔✔On appointment, the guardian of the property of a ward is obligated to take steps to
________ all the assets of the ward to ensure they are protected. - ✔✔marshal
✔✔The appointment of an _______ is not mandatory although local courts may require
an appraisal to ascertain fair market value. - ✔✔appraiser
✔✔The fiduciary relationship requires a guardian to act as a ____________ person
concerning the affairs of a ward. - ✔✔prudent
✔✔Courts in certain jurisdictions may waive the bond entirely but they require all liquid
assets be placed in a - ✔✔restricted depository account
✔✔Although a ward's individual tax return must be filed by April 15th, a corporation
owned by the ward must file a tax return by - ✔✔March 15th
✔✔What does SSI stand for? - ✔✔Supplemental Security Income
✔✔List three things that should be considered when purchasing private insurance -
✔✔Pre-existing condition clauses
Maximum benefits
Carefully review coverage
✔✔___________ is a Medicare supplement policy provided by private insurers to cover
deductible/co-insurance not covered by primary Medicare policy - ✔✔Medigap
, ✔✔Medicare Part B covers ________% of certain charges after a deductible. - ✔✔80%
✔✔Medicare Part A covers (list 3 things) - ✔✔Hospital care at participating hospitals
Care at SNF 20 days after hospital stay
Hospice
✔✔Medicare Part A is often referred to as ___________ insurance. - ✔✔hospital
✔✔______________ is a federally mandated/state-funded program that provides health
coverage for low-income persons. - ✔✔Medicaid
✔✔Medicare does not cover (list 3 things) - ✔✔Cosmetic surgery
Eyeglasses
Hearing Aids
✔✔The initial report is also referred to as a ___________ or ____________. -
✔✔guardianship plan or initial inventory
✔✔The initial reports must be filed within ______ days after the letters of guardianship
were issued. - ✔✔60
✔✔The guardianship plan must include a provision for ___________, ___________,
and ________ services for the ward. - ✔✔medical, mental, personal care
✔✔The verified inventory must list: - ✔✔property
encumbrances/liens
income
✔✔Nothing may be removed from a ward's safe deposit box without - ✔✔a court order
✔✔The court reviews the annual guardianship report within ______ days of the filing of
the clerk's audit results. - ✔✔15
✔✔The guardian is required to pay a fee from the ward's estate for auditing the return in
the amount of ____________ for estates of $25,000-$100,000. - ✔✔$75
✔✔The annual report of the guardian of the property is also called the Annual -
✔✔Accounting
✔✔The annual report is due on or before __________ of each year. - ✔✔April 1st (but
not really)
ANSWERS SET A+
✔✔The hearing on the petition to determine capacity and appointment of guardian is set
by the court within ____ days after the exam committee report - ✔✔14
✔✔On appointment, the guardian of the property of a ward is obligated to take steps to
________ all the assets of the ward to ensure they are protected. - ✔✔marshal
✔✔The appointment of an _______ is not mandatory although local courts may require
an appraisal to ascertain fair market value. - ✔✔appraiser
✔✔The fiduciary relationship requires a guardian to act as a ____________ person
concerning the affairs of a ward. - ✔✔prudent
✔✔Courts in certain jurisdictions may waive the bond entirely but they require all liquid
assets be placed in a - ✔✔restricted depository account
✔✔Although a ward's individual tax return must be filed by April 15th, a corporation
owned by the ward must file a tax return by - ✔✔March 15th
✔✔What does SSI stand for? - ✔✔Supplemental Security Income
✔✔List three things that should be considered when purchasing private insurance -
✔✔Pre-existing condition clauses
Maximum benefits
Carefully review coverage
✔✔___________ is a Medicare supplement policy provided by private insurers to cover
deductible/co-insurance not covered by primary Medicare policy - ✔✔Medigap
, ✔✔Medicare Part B covers ________% of certain charges after a deductible. - ✔✔80%
✔✔Medicare Part A covers (list 3 things) - ✔✔Hospital care at participating hospitals
Care at SNF 20 days after hospital stay
Hospice
✔✔Medicare Part A is often referred to as ___________ insurance. - ✔✔hospital
✔✔______________ is a federally mandated/state-funded program that provides health
coverage for low-income persons. - ✔✔Medicaid
✔✔Medicare does not cover (list 3 things) - ✔✔Cosmetic surgery
Eyeglasses
Hearing Aids
✔✔The initial report is also referred to as a ___________ or ____________. -
✔✔guardianship plan or initial inventory
✔✔The initial reports must be filed within ______ days after the letters of guardianship
were issued. - ✔✔60
✔✔The guardianship plan must include a provision for ___________, ___________,
and ________ services for the ward. - ✔✔medical, mental, personal care
✔✔The verified inventory must list: - ✔✔property
encumbrances/liens
income
✔✔Nothing may be removed from a ward's safe deposit box without - ✔✔a court order
✔✔The court reviews the annual guardianship report within ______ days of the filing of
the clerk's audit results. - ✔✔15
✔✔The guardian is required to pay a fee from the ward's estate for auditing the return in
the amount of ____________ for estates of $25,000-$100,000. - ✔✔$75
✔✔The annual report of the guardian of the property is also called the Annual -
✔✔Accounting
✔✔The annual report is due on or before __________ of each year. - ✔✔April 1st (but
not really)
