Final Order To Transfer Guardianship To The State (Accountings Required) Co-Guardians {CM39}

CM39 - FINAL ORDER TO ACCEPT TRANSFER OF FOREIGN GUARDIANSHIP (ACCOUNTINGS REQUIRED) CO-GUARDIANS. This form is used by the Court of Chancery of the State of Delaware to formally accept and establish a guardianship for both the person and property of an individual with a disability that was originally initiated in another state. Upon reviewing the petition and certified guardianship documents from the foreign jurisdiction, the court appoints the named individuals as guardians, granting them full legal authority to manage the personal care and financial affairs of the person with a disability under Delaware law (12 Del. C., Ch. 39). The order outlines strict requirements, including the execution of a court-approved bond, the opening and management of a designated guardianship bank account, and limits on monthly expenditures unless further court approval is obtained. It also sets forth responsibilities for filing an inventory of assets, periodic accountings, annual updates, and medical statements to ensure ongoing oversight. The guardians are also authorized to act as representative payees for Social Security benefits and file tax returns on the individual’s behalf. In the event of death, the guardians must notify the court and file necessary closing documents. www.FormsWorkflow.com