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Indiana Guardians Guide to Performing Fiduciary Duties - Form PR 00-4 (PDF)Opens a New Window.

State:
Indiana
Control #:
IN-PR-4
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PDF
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Guardians Guide to Performing Fiduciary Duties - Form PR 00-4 (PDF)Opens a New Window.

The Indiana Guardians Guide to Performing Fiduciary Duties — Form PR 00-4 (PDF) is a comprehensive resource for Indiana guardians to review when performing their fiduciary duties. This document provides guidance and information about the legal requirements and responsibilities of a guardian, as well as best practices and resources for guardians to use in fulfilling their responsibilities. It includes common topics such as: • Duties of a Guardian • Powers of a Guardian • Guardianship Financial Management • Guardianship Reports • Termination of Guardianship • Additional Resources There are two types of Indiana Guardians Guide to Performing Fiduciary Duties — Form PR 00-4 (PDF): • Guardianship of an Adult: This document provides guidance on how to establish a guardianship for an adult in Indiana, including what it means to be a guardian, the legal requirements, and best practices. • Guardianship of a Minor: This document provides guidance on how to establish a guardianship for a minor in Indiana, including what it means to be a guardian, the legal requirements, and best practices.

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FAQ

If the guardians agree with you that the guardianship can be ended, you and the guardians can prepare and sign a written statement ending the guardianship and giving the child back to you. You must give the agreement to the guardianship court for approval before the guardianship can be ended.

It states, in essence, that a temporary guardianship can be granted if (1) an emergency exists; (2) the welfare of the incapacitated person or minor requires immediate action; and (3) no other person appears to have authority to act in the circumstances.

If the temporary guardianship powers have expired by operation of law (i.e., 90 days has expired), Indiana Office of Court Services advises courts that the proper practice requires a new petition for temporary guardianship or a petition for a permanent guardianship be filed resulting in a new case number.

There are different types of guardianships in Indiana including limited guardianship, guardian ad litem, veterans administration guardianship, temporary guardianship, and de facto guardianship.

If the guardians agree with you that the guardianship can be ended, you and the guardians can prepare and sign a written statement ending the guardianship and giving the child back to you. You must give the agreement to the guardianship court for approval before the guardianship can be ended.

A guardian for the child's estate will need to be represented by an attorney who will assist with filing the correct court documents. Court procedures are different in each of Indiana's 92 counties.

Guardianship is a permanent commitment to be responsible for the well being and support of a child until they reach adulthood. As a guardian, you have the authority to make medical and educational decisions for the child.

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Indiana Guardians Guide to Performing Fiduciary Duties - Form PR 00-4 (PDF)Opens a New Window.