Professional Guardianship Questions and Answers

Professional Guardianship advance directive - Answer- a formal, legally endorsed document that provides instructions for care ("living will") Adjudication - Answer- the act of a court in making an order, judgment, or decree. Annual accounting - Answer- A report, filed by the guardian of the property, due to the court each year itemizing expenditures and receipts made on behalf of the ward during the previous year Annual plan - Answer- A report, filed by the guardian of the person, due to the court each year specifying the medical, mental and physical care of the ward for the upcoming year Minimum amount for Blanket Bond? - Answer- $50,000 Clerk of the Court - Answer- Responsible for auditing guardian reports and processes and maintains guardianship documentation Co-Guardianship - Answer- A guardianship with two or more persons or entities acting as guardian for the person or property or both conflict of interest - Answer- Any situation in which a guardian may receive financial or material gain or advantage based on the decision made on behalf of the ward due process - Answer- (law) the administration of justice according to established rules and principles Emergency Temporary Guardian (ETG) - Answer- Appointed by the court to perform the specific duties of guardian for an AIP after a petition for determination of incapacity has been filed, but before a guardian has been appointed ex parte - Answer- Latin term describing a type of court proceeding or petition where one of the involved parties is not present fiduciary - Answer- A person held in the highest position of trust and confidence who must always act in the best interest of the ward Final accounting - Answer- A report filed by the guardian of the property prior to the guardian's removal, upon petitioning for discharge or termination of the guardianship Foreign guardian - Answer- A guardian appointed in another state or country Guardian - Answer- Appointed by the court to act on behalf of a ward's person or property, or both