QUESTION
can i use my retirerment funds to pay back money to ward.
Asked on May 04th, 2012 on Guardianship and Conservatorship - Illinois
More details to this question:
457 defered comp is the fund only dispurse money in emergencys or retirement
1 ANSWER
Lori G. Levin
Your question is unclear. If you are plenary guardian or guardian of the estate, the ward's funds are to be used only for the ward's benefit. As guardian, you provide a yearly accounting to the court, If you have questions regarding your role as guardian, please contact the attorney who assisted you in obtaining guardianship. If you obtained guardianship without a lawyer, please contact one as soon as possible.
This post is for informational purposes only and should not be considered legal advice nor the establishment of an attorney-client relationship.
Lori G. Levin
Attorney at Law
180 N. LaSalle, Suite 3700
Chicago, IL 60601
312-872-3756
levin@lorilevinlaw.com
www.lorilevinlaw.com
Answered on Aug 15th, 2012 at 4:53 AM