What kind of liability might a guardian face for failing in their duties?

A guardian may indeed face financial liability for mismanagement of funds. This responsibility includes properly managing the assets and finances of the ward, ensuring that expenses are paid, and investing or using the funds in the best interest of the ward. If a guardian mishandles financial matters, either by negligence or malfeasance, they can be held legally accountable for any losses incurred by the ward's estate.

While criminal liability for abuse is a serious concern, it specifically pertains to actions of harm or neglect that go beyond mere financial mismanagement. In contrast, the notion of no liability if the ward is an adult is misleading as guardians can indeed be held accountable in civil court for breaches of their fiduciary duties, regardless of their ward's age. Therefore, the assertion that financial liability is a viable concern captures a significant aspect of a guardian’s responsibilities and potential legal repercussions.