1. Appointment of successor by court. The court at any time may appoint a successor guardian or successor conservator to serve immediately or when a designated future event occurs.
2. Petition to appoint successor. A person entitled under section 5‑202 or 5‑302 to petition the court to appoint a guardian may petition the court to appoint a successor guardian. A person entitled under section 5‑402 to petition the court to appoint a conservator may petition the court to appoint a successor conservator.
3. Service upon designated future event. A successor guardian or successor conservator appointed to serve when a designated future event occurs may act as guardian or conservator if:
A. The designated event occurs; and
B. The successor guardian or successor conservator files an acceptance of appointment.
4. Succeeds to powers. A successor guardian or successor conservator succeeds to the predecessor's powers unless otherwise provided by the court.