What is Guardianship

Guardianship is a legal arrangement that allows an appointed individual to make decisions on behalf of another person who is unable to make decisions for themselves. This typically applies to minors, adults with disabilities, or elderly individuals who are no longer capable of making sound decisions about their personal or financial matters. Guardianship should be an essential consideration in your Estate Plan

Types of Guardianship:

  • Guardianship of the Person: Grants authority over decisions related to the ward’s personal well-being. This can include healthcare, living arrangements, or education.
  • Guardianship of the Estate: This involves managing the ward’s financial affairs, including property, assets, and financial investments.

Why Is Guardianship Important in Estate Planning?

Appointing a guardian in your estate plan ensures the well-being of your loved ones and that someone you trust will care for them in the event of your passing. It provides peace of mind knowing that your children will be in capable hands, especially if they are minors.

Guardianship is essential for adults who may have disabilities or cognitive impairments. It helps ensure their physical and financial needs are met if they cannot make decisions for themselves.

Appointing a guardian is also a preventative measure against future family conflicts. Family members may disagree about who should make decisions on behalf of a loved one, without a designated guardian in place.

Consult With An Estate Planning Attorney

Guardianship ensures that your loved ones, especially minor children, and vulnerable adults, are protected and cared for when you can no longer be there. Consulting with an experienced Estate Planning Attorney will help you navigate the legal complexities of appointing a guardian. Contact UBFK Law today for the guidance needed in navigating guardianship.

DISCLAIMER: The contents of this article were created to provide general information, it is not intended to create an attorney-client relationship and shall not be construed as legal advice. You should not act upon any information provided in this article without seeking professional legal counsel from an attorney licensed to practice law in your jurisdiction. No representations are being made as to the completeness or accuracy of the information contained in this article or on this site or sites linked hereto. If this pamphlet is inaccurate or misleading, report same to the Committee on Attorney Advertising, Hughes Justice Complex, CN 037, Trenton, NJ 08625. “No aspect of this advertisement has been approved by the Supreme Court of New Jersey.”
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