Application of Proceeds of Sale

The guardian must apply the proceeds of the sale to the purposes for which it was made, as far as necessary, and put out the residue, if any, at interest, or invest it in the best manner in his power, until needed for the COL120106 CH. 42 SALES, MORTGAGES, LEASES AND CONVEYANCES support, maintenance or education of the ward or his family, or the payment of debts, at which time the capital may be used for that purpose, as far as necessary, in like manner as if it had been personal estate of the ward.