RIGHTS, POWERS, AND DUTIES OF SUCCESSOR GUARDIAN

(a) A successor guardian has the rights and powers and is subject to all the duties of the predecessor. (b) A guardian who accepts appointment and qualifies after letters of guardianship have been granted on the estate shall: (1) succeed in like manner to the predecessor; and (2) administer the estate in like manner as if the guardian's administration were a continuation of the former administration. (c) A successor guardian may: (1) make himself or herself, and be made, a party to a suit prosecuted by or against the successor's predecessor; (2) settle with the predecessor and receive and give a receipt for any portion of the estate property that remains in the predecessor's possession; or (3) commence a suit on the bond or bonds of the predecessor, in the successor's own name and capacity, for all the estate property that: (A) came into the predecessor's possession; and (B) has not been accounted for by the predecessor.