Under NGA standards, what should a guardian ensure when selling assets regarding family and friends?

When a guardian is selling assets under the National Guardianship Association (NGA) standards, ensuring that the sale is necessary is crucial. This principle emphasizes that guardians have a fiduciary duty to act in the best interest of the person they are responsible for. The necessity of the sale relates to circumstances that warrant asset liquidation, such as financial need for the ward's care, debt obligations, or other pressing financial matters that require immediate attention.

Emphasizing the need for a sale protects the ward's interests and ensures that financial decisions are made prudently. A guardian must demonstrate that the sale is an appropriate course of action rather than a decision made for convenience or personal benefit. This approach aligns with the ethical responsibilities of a guardian to prioritize the well-being of the individual they serve and ensures accountability in managing their assets.

Other options, although they touch on important aspects of asset management, do not encapsulate the primary obligation of the guardian under NGA standards as effectively as acknowledging the necessity of the sale.