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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A guardian of the person for whom it is necessary to have a guardian appointed to receive funds from a governmental source may:
(1) administer only:
(A) the funds received from the governmental source;
(B) all earnings, interest, or profits derived from the funds; and
(C) all property acquired with the funds; and
(2) receive the funds and pay the expenses of administering the guardianship and the expenses for the support, maintenance, or education of the ward or the ward's dependents.
(b) Expenditures under Subsection (a)(2) for the support, maintenance, or education of the ward or the ward's dependents may not exceed $12,000 during any 12-month period without the court's approval.
Cite this article: FindLaw.com - Texas Estates Code - EST § 1151.251. Powers and Duties of Guardian Appointed as Necessary for Ward to Receive Government Funds - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-1151-251/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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