Kansas Guardianship Current Assets refers to the financial resources held by a guardian on behalf of a ward (an individual incapable of managing their own affairs). These assets are essential for covering the ward's living expenses, medical bills, and other necessities. In Kansas, there are various types of assets that fall under Guardianship Current Assets, including: 1. Bank Accounts: This encompasses checking, savings, and money market accounts belonging to the ward. These assets are managed by the guardian to maintain the ward's financial stability and facilitate their daily expenses. 2. Investment Portfolios: Guardianship Current Assets may also include stocks, bonds, mutual funds, or other investments held in the ward's name. The guardian oversees these investments to generate income for the ward's needs, ensuring long-term financial security. 3. Real Estate: If the ward owns any property, such as a house, apartment, or land, it falls under Guardianship Current Assets. The guardian is responsible for managing and maintaining the property, including collecting rent or overseeing its sale if necessary. 4. Personal Property: This category includes tangible assets like vehicles, jewelry, artwork, and other valuable possessions owned by the ward. The guardian ensures the protection and appropriate handling of these assets, potentially facilitating their sale to cover the ward's expenses. 5. Retirement Accounts: In certain cases, if the ward has a retirement account such as a 401(k) or an Individual Retirement Account (IRA), it becomes part of the Kansas Guardianship Current Assets. The guardian will manage and make decisions regarding these accounts according to the ward's best interests. 6. Government Benefits: Some wards may be eligible for government assistance programs such as Social Security, Medicaid, or Supplemental Security Income (SSI). Guardianship Current Assets also encompass managing and administering these benefits, ensuring the ward receives their entitled financial support. 7. Life Insurance Policies: If the ward holds life insurance policies, the guardian is responsible for managing them. This includes paying premiums, tracking policy benefits, and making any necessary adjustments to ensure the ward's financial stability. It is crucial for guardians to maintain accurate records, track all financial transactions, and file necessary reports with the Kansas court system as required. Proper management and oversight of Kansas Guardianship Current Assets are vital to protect the financial well-being and best interests of the ward under the guardian's care.
Kansas Guardianship Current Assets
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In the absence of proof that the parent is presently fit and able to care for the child or that the parent will be fit and able to care for the child in the foreseeable future, the court shall terminate parental rights in proceedings pursuant to K.S.A. 38-2266 et seq., and amendments thereto.
The court can decide if a guardianship or conservatorship is needed and can appoint an emergency appointee who shall be assigned specific duties and powers necessary to protect against the imminent dangers shown or the depletion of financial resources.
Guardianship Salary in Kansas Annual SalaryMonthly PayTop Earners$169,897$14,15875th Percentile$169,500$14,125Average$117,428$9,78525th Percentile$95,900$7,991
(a) At any time following the appointment of a guardian or a conservator, any person, including the ward or conservatee, may file a verified petition with the court requesting that the court find that the ward or conservatee is no longer in need of a guardian or a conservator, or both, and requesting that the court ...
A guardianship is NOT a termination of parental rights. The parents may rectify the conditions which led to the appointment of the guardian and if the court determines it to be in the best interest of the child to terminate the guardianship, the court may do so.
This is a judicially created relationship between the child and the caretaker, and is self-sustaining without on-going oversight or intervention. The permanent guardian stands in loco parentis and exercises all the rights and responsibilities of a parent.
Petition (K.S.A. 59-3058) For the appointment of a guardian or conservator the first step is the filing of a petition. The petition is a legal document prepared by an attorney that is filed by any adult asking that the district court appoint a guardian or conservator for an adult or for a minor.
