What Are The Additional Requirements For A Guardian Of An Estate In Ohio?
While it has always been a great responsibility to serve as a legal guardian for another individual, last year Ohio imposed a number of additional requirements of guardians in an effort to protect the welfare and safety of those wards to whom they serve. These protections are both financial and personal.
An individual can be guardian of the person, guardian of the estate (financial), or more likely guardian of the person and the estate of another individual. Previously, a guardian of the person was required to protect and control the ward, provide suitable maintenance for the ward, make appropriate decisions for the ward, provide education if the ward is a minor and file guardian’s reports with the court. A guardian of the estate was required to file an inventory with the court, deposit money in a financial institution in this state, invest funds in a lawful manner, make and file accounts annually, expend funds only upon written approval of the court and file guardian’s reports.
I addition to these requirements and in order to better protect the ward, all Ohio guardians must complete a six hour course … Read More... “Guardian Issues: New Responsibilities Imposed on Ohio Guardians”
A month or so ago I took a trip out to Lake Tahoe for one of my college buddy’s bachelor party. Let me tell you something about Lake Tahoe during the ski offseason, you gamble a lot. And that is what we all did during the weekend. We just gambled and placed bets on various sporting events at the three casinos Lake Tahoe has to offer. I did not go crazy with the bets because my wife would murder me, but I had some fun taking a risk on the uncertainty of will I win or not. Except for when I placed a bet against the Reds during their series with the Pirates. I knew for a fact I was going to make money on that bet.