On petition, and after any notice or hearing prescribed by law or the Maryland Rules, the court may appoint a guardian of the property of a minor or a disabled person. A guardian shall be appointed if the court determines that: A minor owns or is entitled to property that requires management or protection; or Funds are needed for the minor’s support, care, welfare, and education and protection is necessary or desirable to obtain or provide funds. A guardian shall be appointed if the court determines that: The person is unable to manage effectively the person’s property and affairs because of physical or mental disability, disease, habitual drunkenness, addiction to drugs, imprisonment, compulsory hospitalization, detention by a foreign power, or disappearance; and The person has or may be entitled to property or benefits which require proper management.