True or False: Florida statutes require information about a trust created for the ward prior to the guardianship to be included in the inventory.

The assertion that Florida statutes require information about a trust created for the ward prior to the guardianship to be included in the inventory is indeed true. Under Florida law, a guardian has a duty to provide a comprehensive inventory of the ward’s assets, and this includes disclosing any trusts that were established before the guardianship arrangement.

The rationale behind this requirement stems from the need for transparency and accountability in guardianship cases. Including information about pre-existing trusts ensures that the guardian has a full understanding of the ward's financial situation and can manage their assets responsibly. This is essential for protecting the interests of the ward, as it allows for proper management and oversight of all resources that may impact their wellbeing.

Other options, such as indicating that only public trusts or active trusts need to be included, do not align with the comprehensive nature of the inventory requirement. The statutes emphasize the importance of accounting for all relevant assets, regardless of the trust's status or type, reinforcing the guardian's responsibility to act in the best interests of the ward.