A guardian of the estate is required to:
• provide the ward with the greatest amount of independence and self-determination with respect to property management in light of the ward’s impairment;
• consider the ward’s personal preferences and desires;
• take any action that is the least restrictive form of intervention;
• use the judgment and care that persons of prudence, discretion, and intelligence exercise in managing their own affairs;
• use the ward’s income and property to maintain and support the ward and any of the ward’s dependents;
• determine if the ward executed a will and, if so, the will’s location and the appropriate persons to be notified of the ward’s death;
• upon the ward’s death, deliver the ward’s assets to the entitled persons;
• file a sworn statement with the register of deeds of any county in which the ward possessed real property, describing the property and the date the ward was determined to be incompetent;
• notify the court of any change of address of the guardian or the ward; and
• perform other duties as required by the court.
If not limited by the court, the guardian has authority to take the following actions without prior court approval:
• support another individual whom the ward is legally obligated to support;
• enter into a contract on behalf of the ward;
• exercise the ward’s options to purchase securities or other property;
• authorize access to or release of the ward’s confidential financial records;
• apply for public and private benefits on the ward’s behalf;
• pay the ward’s legally enforceable debts, including any taxes owed;
• retain real or personal property that the ward already possesses or acquires by gift or inheritance during the tenure of the guardian;
• settle the ward’s claims and accounts; and
• appear for and represent the ward in actions such as court hearings.