To assist a Private Manager in undertaking their role, NSWTG requires the Private Manager to submit reports as directed by the NSWTG. These reports are as listed on this Fact sheet.
There are some events in the management of the person’s estate require the approval of the NSW Trustee and Guardian (NSWTG) prior to proceeding. In order to obtain the NSWTG’s approval, the Private Manager is required to submit a written proposal.
To assist a Private Manager in their role and making decisions on the managed person’s behalf, the NSW Trustee and Guardian (NSWTG) has prepared a number of Private Manager’s Proposal forms.
The NSW Trustee and Guardian can be appointed by the Equity Division Protective of the Supreme Court of New South Wales, the NSW Civil & Administrative Tribunal (formerly Guardianship Tribunal), a Magistrate or the Mental Health Review Tribunal to provide financial management services for people who are not able to manage their own financial affairs because of a disability.
An application for a financial management order is usually made when a friend or relative of a person with a disability becomes concerned about the ability of that person to manage his/her own financial affairs.
Managing the simplest estate may be likened to being Treasurer for a small voluntary organisation, as it requires maintaining records of income and expenditure for auditing in a similar way. Managing more complex estates, especially where assets need to be sold and legal agreements entered into, requires more time commitment. So do estates of persons whose lifestyle, wants and needs change frequently. NSW Trustee and Guardian staff will always be available to assist you in your management decisions.
Fees NSW Trustee & Guardian charges for Private Management services from 1 July 2016.
An Authorised Visitor is appointed from a panel of independent disability specialists who are trained health professionals with demonstrated expertise and extensive experience in the field of disability. A confidential report provides the NSW Trustee and Guardian with independent information as to how the best interests of the person are being addressed within the limits of their financial resources.
When a financial management order is made, any power of attorney made before the financial management order came into effect is suspended for the duration of the order unless otherwise ordered by the Court or NSW Civil & Administrative Tribunal (formerly the Guardianship Tribunal). However, there may be some exclusions, i.e., the attorney may be authorised by the Guardianship Tribunal to continue to manage part of the estate.
NSWTG welcomes feedback from clients and other interested parties. Clients and stakeholders are encouraged, and have a right, to express their views about the organisation and the service it provides.
Other useful contacts and helpful information
Information and issues to consider regarding superannuation when managing a person’s financial affairs.
Information for private managers about the National Disability Insurance Scheme.