Guardianship and Your Estate Planning
What is Guardianship?
A guardianship is where a person has the legal authority to care for another.
Are There Different Types of Guardianships?
Minor Children-The most common type of guardianship is with minors. If something happens to children under the age of 18, then you need someone to act as a parent. A misconception is that if you appoint someone as a godparent over your child, this does not give that person legal authority over your child.
Elderly- As we get older, we may need someone who can watch after us and make sure we are getting what we need and doing what we need to as well.
Adults with Special Needs- Guardianship is also needed for adults with special needs so that they have someone to watch over them.
How do I Establish Guardianship?
With planning, there are three ways to appoint someone as a legal guardian, through:
- Power of Attorney
- Will
- Trust
Without planning, you have to go through a court order which is far more expensive and gives you less power.
When Should You Establish Guardianship?
Anyone with children should immediately establish guardianship. The thing is, you never know what is going to happen, and that is why it is best to plan for the future just in case. If it is on your mind, do it now.
If you need to establish guardianship over your children, an elderly loved one, or a loved one with special needs; you can also learn more by visiting our website or by contacting us at Baron Law today.