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Article 500 of the French Civil Code

The guardian draws up the guardianship budget, determining the annual sums required for the maintenance of the protected person and the reimbursement of the costs of administering his or her property, based on the size of the protected person’s assets and the operations involved in managing them. The guardian informs the family council or, failing that, the judge. In the event of difficulties, the budget is approved by the family…

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Article 501 of the French Civil Code

The family council or, failing this, the judge shall determine the sum from which the tutor’s obligation to use liquid assets and surplus income begins. However, the tutor may, without authorisation, place funds in an account. The family council or, failing this, the judge prescribes all the measures it deems useful regarding the use or re-investment of the funds, either in advance or on the occasion of each transaction. The…

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Article 502 of the French Civil Code

The family council or, failing that, the judge rules on the authorisations that the guardian applies for for acts that he or she cannot perform alone. However, the authorisations of the family council may be replaced by those of the judge if the acts relate to property whose capital value does not exceed a sum set by decree.

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