(a) A plenary or limited guardian appointed under section 45a-676 may petition for authority to manage the finances of a protected person whose assets do not exceed ten thousand dollars. The petition shall be filed in the Probate Court that appointed the guardian. If a petition under this section is filed simultaneously with a guardianship petition under section 45a-670, the court may conduct one hearing on both petitions.
(b) The court shall cause notice of a hearing under this section to be given in the manner specified in sections 45a-671 and 45a-672. The protected person is entitled to counsel in accordance with section 45a-673 and has the right to attend the hearing as set forth in section 45a-675.
(c) At a hearing under this section, the court shall receive evidence on the ability of the protected person to manage his or her finances, including a written report or testimony by a Department of Developmental Services assessment team in accordance with section 45a-674.
(d) If the court finds by clear and convincing evidence that (1) the protected person’s assets do not exceed ten thousand dollars, and (2) the protected person is unable to manage his or her finances, the court may authorize the plenary or limited guardian to hold and manage all or any part of the protected person’s income and assets for the benefit of the protected person and may assign other specific duties to the guardian with respect to the protected person’s finances. Except as provided in section 45a-139, or in rules of procedure adopted under section 45a-78, the court shall require a probate bond of the guardian. Unless excused by the court, the guardian shall file an inventory of all assets of the protected person not later than sixty days after the date on which the decree granting authority over the protected person’s finances is mailed and shall submit periodic and final accounts in accordance with section 45a-177.
(e) The guardian’s authority to manage the finances of the protected person shall terminate on the date on which the assets first exceed ten thousand dollars, provided the court may extend the guardian’s authority for a period not to exceed sixty days if a person files a petition to appoint a conservator under sections 45a-644 to 45a-663, inclusive. The guardian shall inform the court, in writing, not later than thirty days after the date on which the protected person’s assets first exceed ten thousand dollars.
(P.A. 17-136, S. 19.)
History: P.A. 17-136 effective January 1, 2018.
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