If the guardian of the estate already sold assets or spent the ward’s money improperly, can the ward be reimbursed through the guardian’s bond or another remedy? NC

If the guardian of the estate already sold assets or spent the ward’s money improperly, can the ward be reimbursed through the guardian’s bond or another remedy? – North Carolina Short Answer Yes. In North Carolina, if a guardian of the estate breaches duties and causes a loss, the ward (or someone acting for the…

Can a guardian of the estate sell property if it may not legally belong to the ward, like a vehicle titled to another family member? NC

Can a guardian of the estate sell property if it may not legally belong to the ward, like a vehicle titled to another family member? – North Carolina Short Answer In North Carolina, a guardian of the estate generally has authority to manage and sell only property that is part of the ward’s “estate,” meaning…

How do I petition the court to restore or modify guardianship so I can manage my relative’s finances as well as their care? NC

How do I petition the court to restore or modify guardianship so I can manage my relative’s finances as well as their care? – North Carolina Short Answer In North Carolina, a request to change who has authority over an incapacitated adult’s personal/medical decisions and finances is usually made by filing a petition (often called…

How is my net worth calculated for a guardianship bond application if I have a mortgage and other debts? NC

How is my net worth calculated for a guardianship bond application if I have a mortgage and other debts? – North Carolina Short Answer For a guardianship bond application, “net worth” is generally calculated as total assets minus total liabilities. A mortgage and other debts are usually counted as liabilities, and the home is counted…