Ch. 4 - Q11: Are there other important rules that I should know as a guardian or conservator?

A11: Yes. There are number of rules to follow once you become guardian or conservator:

NEVER co-mingle your ward’s finances with your personal finances. You may need to open new accounts immediately in your ward’s name, if necessary.
You cannot reimburse yourself more than $500 or pay an attorney more than $1,000 each year without the Court’s approval.
You cannot make any ATM withdrawals or receive cash back on a transaction from any account without a Court order. If an account is restricted then you cannot access that money without a court order.
You must notify the Court immediately if you or your ward has a change in address.
You must notify the Court within 10 days if the ward dies.
You cannot move the ward out of state without the Court’s permission.
If you find or receive additional assets for your ward, you must report them to the Court within 30 days using the Notice of Newly Discovered Assets as described under Question 23.
You need to get court approval and a court order in order to resign as guardian or conservator.

Ch. 4 - ​Q11: Are there other important rules that I should know as a guardian or conservator?