New Mexico Statutes 32A-3A-22. Financial subsidies; successor guardians
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A. In order for a successor guardian to be eligible for guardianship assistance payments if the successor guardian serves as guardian in the event the guardian dies or is incapacitated, the successor guardian shall be named in the guardianship assistance agreement and any amendments thereto.
Terms Used In New Mexico Statutes 32A-3A-22
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
B. The department may pay the cost of nonrecurring expenses associated with the successor guardian obtaining a subsidized guardianship of the child, up to an amount established by the department.
C. The successor guardian does not need to be a relative and does not need to be licensed as a foster parent to receive guardianship assistance payments.