What is Guardianship?
Guardianship is appointed when an individual proves unfit to make decisions for their best interests. This can be applied to adults who become incapacitated or as a key component of special needs planning. In the case of a minor, guardianship must be established because they need someone to care for them until they are adults and can care for themselves. Guardianship is granted for physical needs such as food and housing but excludes most financial decisions.
Looking after an individual’s finances is called conservatorship. Similar to guardianship, conservatorship enables a person who is deemed “unable” to manage their own affairs to refer decisions to a responsible individual. Conservatorship is often granted in scenarios where an elder repeatedly falls victim to scams, or a special needs adult habitually engages in reckless spending. Conservatorship is exclusive to financial well-being whereas guardianship covers physical needs.
Voyant Understands Elder Law and Special Needs Planning
Voyant Legal has vast experience in establishing emergency guardianship when elder laws are broken. We also include conservatorship and guardianship as a key feature of our special needs planning. Whether you are looking to explore Power of Attorney for your own assets or establish guardianship for your children if the worst should happen to you, Voyant Legal has the expertise necessary to ensure your wishes are carried out.