MONEY MANAGEMENT
An individual who finds it challenging to continue managing his or her finances may choose to acquire the services of an accountant, a daily money manager or a professional guardian to help with processing payments or paying regular monthly bills. Other forms of money management may include establishing direct deposit with the bank for recurring income checks or setting up a “custodial account” so bank officials can carry out simple, regular financial tasks such as bill payment. These bank services typically incur fees. In each of these scenarios, the owner of the funds retains control over the assets and can easily revoke the services employed. These professionals would not be authorized to make medical …show more content…
It applies to guardianship of the property only, and cannot be used if the person lacks capacity.
Voluntary guardians have no medical decision-making authority.
In this scenario, the court appoints a guardian of the property only, although the patient is mentally competent yet incapable of care, custody, and management of their estate because of physical infirmity, and voluntarily petitioned the court for the appointment. This form of guardianship is commonly used by individuals with physical disabilities.
A certificate by a licensed physician that they have examined the petitioner, and they understand the nature of the guardianship, must be filed with the petition.
A guardian must include in the annual report filed with the court a certificate from a licensed physician who examined the patient not more than 90 days before the annual report is filed with the court.
The certificate must certify that the patient continues to be competent (or not competent), does (or does not) understand the nature of the guardianship, and of the patient's authority to delegate powers to the voluntary …show more content…
Therefore, in order to serve as a guardian, it is important to recognize and understand the different forms of mental disorders and other disabilities that may lead to the need for guardianship. Guardians must also be knowledgeable of the legal guidelines surrounding the care of individuals with mental illness, particularly the Florida Mental Health Act/Baker Act and the Florida Substance Abuse Impairment Act, known as the Marchman Act, as these can influence both the determination of guardianship and the role of