The New Law Giving Guardians of Intellectually Disabled Persons the Power to Manage Assets
Beginning January 1, 2018, Public Act 17-136 allows the guardian of a person with intellectual disability to manage that person’s assets if the assets do not exceed $10,000 in value. The guardian files a petition with the probate court where the protected person resides to obtain such authority. Under prior law, guardians of intellectually disabled individuals were not allowed to assist protected persons with their finances.