The Oklahoma Report on Guardianship of Property is a document that provides information about a guardianship or conservatorship of an individual's property. It is typically used to provide evidence of a guardian's or conservator's ability to manage the financial matters of an incapacitated or minor individual. This document is required by the state of Oklahoma when a guardianship or conservatorship is established. There are two types of Oklahoma Report on Guardianship of Property: the Guardian's Account Report and the Conservator's Account Report. The Guardian's Account Report is used when a guardian is appointed by the court to manage the financial affairs of a minor or incapacitated individual. The Conservator's Account Report is used when a conservator is appointed by the court to manage the financial affairs of an incapacitated individual who is not a minor. Both reports provide an overview of the financial transactions that have occurred and the current status of the individual's assets.
Oklahoma Report on Guardianship of Property
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FAQ
A guardian has legal authority to make personal and financial decisions for a child or incapacitated party, indefinitely.
A guardianship is a court proceeding wherein a judge appoints a person to take charge of your affairs and the judge decides what power a guardian has over your affairs. As a matter of Oklahoma law, the guardian can revoke or amend the power of attorney that you have previously granted.
You must do your own legal research or contact an attorney for these forms. You can not file guardianship on your own child unless the other parent is deceased. The filing fee for a Relative Guardianship is $77.00.
A Permanency Option. Legal guardianship is a judicially created relationship between a child and responsible adult in which the guardian assumes many of the rights and responsibilities that customarily would reside with the child's parents.
To become a guardian, you must: file paperwork with the court clerk; ask a judge to appoint you the guardian of a minor child; and, go to a hearing and show the judge why you should be appointed as the child's guardian.
A power of attorney and a guardianship are tools that help someone act in your stead if you become incapacitated. With a power of attorney, you choose who you want to act for you. In a guardianship proceeding, the court chooses who will act as guardian.
The court has jurisdiction over guardianship proceedings, and has the following powers, which must be exercised in the manner prescribed by statute, to: 1. Appoint and remove guardians for minors and for incapacitated and partially incapacitated persons; 2. Issue and revoke letters of guardianship; 3.