Last updated: 8/22/2019
Restricted Guardianship Designated Depository Order Investment Powers
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Description
IN THE CIRCUIT COURT OF THE SIXTH JUDICIAL CIRCUIT IN AND FOR PINELLAS COUNTY, FLORIDA PROBATE DIVISION REF #: - - GD - Section IN RE: The GUARDIANSHIP of RESTRICTED GUARDIANSHIP DESIGNATED DEPOSITORY ORDER (Investment Powers) On the petition of , as guardian of the property of (The Ward) for authorization to deposit assets of the Ward described as: THE BELOW INFORMATION IS REQUIRED Account Type Balance: with the financial institution of as a depository as provided by Sections 744.351(6 ) and 69.031, Florida Statutes, it is ADJUDGED: 1. is designated as the depository for said assets, and it is hereby authorized and directed to receive and hold as depository, pursuant to the provisions of Sections 744.351(6) and 69.031, Florida Statutes, assets of the Ward to be held by said depository su bject to such instructions by the G uardian AUTHORIZED BY ORDER OF THE COURT directed to the financial institution , and all interest, divide nds, principal and other debts collected by the finan cial institution shall be held in safekeeping . 2. The financial institution shall not allow any w ithdrawal or disbursement of funds without a court order. 3. Any person or corporation having possession or control of any such assets of the Ward, or owing interest, dividends, principal or other indebtedness o n account thereof, shall, upon the demand of the depository designated herein, pay and deliver such assets, interest, dividends, principal or other indebtedness to the depository, and the receipt by the designated depository shall relieve the person or cor poration from all further responsibility therefor. 4. The depository is authorized to hold the assets of the Ward received by it in a fiduciary account for the benefit of the Ward and to invest and reinvest the assets in accordance with the standards set fort h in Section 518.11 and Section 744.444(10), Florida Statutes. 5. The depository is authorized to invest the assets of the Ward in one or more consolidated funds in which separate fiduciary accounts have undivided interests, provided a separate accounting is maintained for assets of the Ward. 6. The depository is directed to hold all assets of the Ward received by it and all interest, dividends, principal and debts collected by it on account thereof in safekeeping, except American LegalNet, Inc. www.FormsWorkFlow.com that the depository shall pay directly to the Department of Revenue of the State of Florida any Florida intangible tax on the assets of the Ward and to the Internal Revenue Service all federal income tax incurred by the Ward, from time to time, without further order of the court. 7. The depository i s authorized from time to time to deduct a reasonable amount for its services and expenses from the assets held by it, pursuant to Section 69.031(4) of the Florida Statutes. 8. A copy of this order shall be delivered to the depository and the depository shall file with this court, if it has not already done so, its acceptance or rejection within fifteen (15) days of receipt of such copy of this order. 9. The depository is directed to file with this court its receipt for all assets of the Ward received by it, and the receipt shall include the account number, the account type and the balance, and to give a copy thereof to the guardian of the property of the Ward. ORDERED Copies to: Attorney for guardian(s) or guardian(s), if self - represented American LegalNet, Inc. www.FormsWorkFlow.com