Order To Reinvest Funds {CM47}

Form CM47 - ORDER TO REINVEST. This form is used in the Delaware Court of Chancery for guardianship cases involving a person with a disability. It authorizes the guardian or guardians to withdraw funds from the existing guardianship account and reinvest them according to the Court’s instructions. The order specifies how the funds must be deposited, either into an existing guardianship account or into a newly opened account that meets Court requirements. It also sets conditions on how much money may be withdrawn monthly without further Court approval, and permits the establishment of a second account for managing ongoing expenses if needed. Additionally, the form requires the guardian to provide proof of the transfer and redeposit to the Court within thirty days and to present a certified copy of the order to the relevant financial institutions. This ensures proper management, oversight, and accountability of guardianship funds. www.FormsWorkflow.com