A guardian who, after appointment: 1. Is convicted of a gross misdemeanor or felony in any state; 2. Files for or receives protection as an individual or as a principal of any entity under the federal bankruptcy laws; 3. Has a drivers license suspended, revoked or cancelled for nonpayment of child support; 4. Is suspended for misconduct or disbarred from: (a) The practice of law; (b) The practice of accounting; or (c) Any other profession which: (1) Involves or may involve the management or sale of money, investments, securities or real property; or (2) Requires licensure in this State or any other state; or 5. Has a judgment entered against him or her for misappropriation of funds or assets from any person or entity in any state, shall immediately inform the court of the circumstances of those events. The court may remove the guardian and appoint a successor guardian, unless the court finds that it is in the best interest of the protected person to allow the guardian to continue in his or her appointment.
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