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Compensation payable to guardians shall be based upon services rendered and shall not exceed six percent (6%) of the amount of moneys received during the period covered by the account, provided that during any period in which benefits are not being paid for a ward, then compensation to guardians may instead be ...

Once a year, a guardian is required to make a report to court about the ward called an annual report. If the guardian is also guardian of the estate they must also file an annual accounting.

In order to be a guardian in Arkansas, you must: (1) be a resident of the state of Arkansas; (2) be eighteen years of age; (3) be of sound mind; and (4) not be a convicted or unpardoned felon.

There are two types of guardianships, guardianship of the person and guardianship of the estate. Guardianship of a minor is usually guardianship over both the person and their estate. A child's estate could include Social Security benefits or a recovery from a lawsuit.

A guardianship is an order given by the court to a person (called the guardian) giving that person legal power and the duty to care for another person (called the ward).

To start an action, you must fill out a Complaint Form, which you can acquire at the District Court. This form explains whom you are suing, for how much money, and why you are claiming the money. You must bring the completed form to the Court Clerk's office or fill it out while at the Court.