Application To Deposit Personal Property In Lieu Of Bond And For Authority To Invest Funds {4.25}

SCPC FORM 4.25 - GUARDIAN APPLICATION TO DEPOSIT PERSONAL PROPERTY IN LIEU OF BOND. This form is used by a guardian in the Stark County, Ohio Probate Court to request permission to deposit the ward's estate assets with a qualified financial institution instead of posting a traditional bond. This application is typically filed when the value of the estate or fund makes it impractical to require a bond in the full amount prescribed by law. The guardian must provide details about the estate’s assets, such as real and personal property, and indicate the institution where the assets will be deposited (such as a bank, trust company, or other authorized institution). The application also seeks authority for the guardian to direct the institution to invest the deposited assets in accordance with the laws outlined in R.C. 2109.37 and 2109.371, without needing additional court orders for future investments. www.FormsWorkflow.com