When is a Guardian of Estate required to file an investment plan?

A Guardian of Estate is required to file an investment plan within 180 days of appointment. This timeline is crucial as it ensures that the guardian takes prompt and responsible action in managing the financial assets of the ward. Establishing an investment plan within this period allows the guardian to assess the needs and goals of the ward while considering the best strategies for managing and growing the assets under their care.

Filing within 180 days strikes a balance between giving the guardian enough time to thoroughly evaluate the situation and make informed decisions while ensuring timely oversight and protection of the ward's estate. This timeframe is often set by legal or regulatory guidelines to ensure that guardians operate within a framework that protects the interests of those they serve.