Florida has specific laws governing guardianship proceedings and guardian activities, all of which are designed to protect the interests of the ward. According to Florida State Statute 518.10 a guardian is considered a fiduciary. As a fiduciary you have a duty to review the ward’s investment portfolio and to make and implement decisions concerning those investments for the benefit of the ward 518.11(1)(d).
A Florida guardian is accountable to the local court and must report annually on the status of the ward and account for all financial activity.
As a guardian you may or may not be familiar with the proper management of investments, however, you are permitted to hire a financial advisor to advise and/or assist you with your investment duties 744.444(13).
Larry has been assisting professional guardians in Hillsborough, Sarasota, Manatee and Pinellas Counties with asset management since 1991. He is a member of the Florida State Guardianship Association and the Guardian Association of Pinellas County.
Our Services Include
- Security Evaluation and Discovery
- Trust Services
- Asset Marshalling Tips
- Investment Reviews
- Portfolio Modeling
- Documentation Systems