Last updated: 9/5/2024
Investment Management Agreement For Guardianship Account
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Description
INVESTMENT MANAGEMENT AGREEMENT FOR GUARDIANSHIP ACCOUNT. This form is used to outline the terms and conditions under which a designated agent manages the investment fund of a ward’s guardianship account. The agreement details the principal’s delegation of investment and management responsibilities to the agent, following the Prudent Investor Standard. It covers the agent’s powers, types of investments allowed, income management, withdrawals, and the need for Surrogate Court approval for certain actions. It also addresses responsibilities for taxes, reporting, fees, and safeguarding the ward's assets. www.FormsWorkflow.com
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