Is there a way to make BillBoardGui's go away after a certain distance?

I have written a script like this once, but forgive me because I can't find it to copy in the code, but it worked like this: It created the BBGUI, and set the BBGUI's Adornee property to the object its supposed to be connected to, then it cloned and parented the BBGUI to the localplayer, making it so only they can view it, it looks like so(Did my best recreation, excuse the sloppyness or possible inaccuracy):

local Player = game.Players.localPlayer;
local GuiPart = game.Workspace:FindFirstChild("GuiAdornee");
local MaxRange = 1000;
local BBGUI = Instance.new("BillboardGui", script.Parent);	--[ This makes a BBGUI for every player, since the Player is the game.Players.localPlayer. ]
BBGUI.Adornee = GuiPart;
BBGUI.Size = UDim2.new(1, 0, 1, 0);

while true do
	if Player:DistanceFromChatacter(GuiPart.CFrame.p) > MaxRange then
		BBGUI.Enabled = false
	else
		BBGUI.Enabled = true
	end
	wait()
end

Hope that helps. :) OH, one last thing, this will have to be in a LocalScript in the Player's PlayerGui.