THE PETITION OF CLEARINA R AND WILLIAM R GUARDIANS OF THE PROPERTY OF DENNARD R, WARD FOR LEAVE TO WITHDRAW FUNDS FOR THE SUPPORT AND MAINTENANCE OF THE WARD

IN THE MATTER OF THE PETITION OF CLEARINA R AND WILLIAM R GUARDIANS OF THE PROPERTY OF DENNARD R, WARD FOR LEAVE TO WITHDRAW FUNDS FOR THE SUPPORT AND MAINTENANCE OF THE WARD (00) — The petitioners are the parents of the ward, a 34 yearold disabled adult, and were issued letters of guardianship of his person and property on February 2, 2001. The petitioners submit this application requesting leave to withdraw funds from the ward's guardianship account for the support and maintenance of the ward in the amount of $3,000.00 per month, for a total withdrawal from May 2016 through April 2017 of $36,000.00. This amount reflects a requested increase of $800.00 per month for the ward's support and maintenance. The petitioners also seek a lump sum withdrawal of the ward's funds in the amount of $16,000.00, for certain household and personal expenses. Finally, the petitioners proffer a copy of an investment product from Investors Bank, denominated as a "6 Year 10 Stock Basket Power CD," in which they propose to invest an unspecified portion of the ward's funds. The ward has consented to the instant petition.

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IN THE MATTER OF THE PETITION OF CLEARINA R AND WILLIAM R GUARDIANS OF THE PROPERTY OF DENNARD R, WARD FOR LEAVE TO WITHDRAW FUNDS FOR THE SUPPORT AND MAINTENANCE OF THE WARD (00) — The petitioners are the parents of the ward, a 34 yearold disabled adult, and were issued letters of guardianship of his person and property on February 2, 2001. The petitioners submit this application requesting leave to withdraw funds from the ward’s guardianship account for the support and maintenance of the ward in the amount of $3,000.00 per month, for a total withdrawal from May 2016 through April 2017 of $36,000.00. This amount reflects a requested increase of $800.00 per month for the ward’s support and maintenance. The petitioners also seek a lump sum withdrawal of the ward’s funds in the amount of $16,000.00, for certain household and personal expenses. Finally, the petitioners proffer a copy of an investment product from Investors Bank, denominated as a “6 Year 10 Stock Basket Power CD,” in which they propose to invest an unspecified portion of the ward’s funds. The ward has consented to the instant petition.

The value of the ward’s property is currently $929,297.71. The ward received the funds currently deposited in the guardianship account pursuant to settlement of a medical malpractice proceeding on his behalf, and he continues to receive deposits in the amount of $6,340.91 each month.¹ In addition, the ward is employed at a local hospital, and his 2015 federal income tax return reflected an adjusted gross income of $34,457.00.

THE PETITION OF CLEARINA R AND WILLIAM R GUARDIANS OF THE PROPERTY OF DENNARD R, WARD FOR LEAVE TO WITHDRAW FUNDS FOR THE SUPPORT AND MAINTENANCE OF THE WARD

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