GUARDIANSHIPS презентация

Содержание

There may come a time when you must consider whether someone you care for needs help seeing to their personal affairs

Слайд 1GUARDIANSHIPS
What You Need to Know


Слайд 2There may come a time when you must consider whether someone

you care for needs help seeing to their personal affairs

Слайд 3If that time comes, it helps to understand exactly what your

options are

Слайд 4Guardianship Court Proceedings


Слайд 5A guardianship requires a court proceeding where an individual is appointed

as the guardian to make decisions for the ward

Слайд 6The court may authorize the guardian to control the ward’s property

and finances or control over the ward himself

Слайд 7Depending on the situation,
the guardian may be given
control over

both

Слайд 8Choosing and Appointing a Guardian


Слайд 9Courts have very broad discretion over who is appointed


Слайд 10However, a spouse, adult child, parent or sibling is usually
the

most likely candidate

Слайд 11Some courts will take into consideration any preference the ward may

have as to who is appointed

Слайд 12Incapacity Determination


Слайд 13The first step in the process
is for the court to

determine whether the would-be ward
is incapacitated

Слайд 14Incapacity means the inability to make proper decisions for one’s self


Слайд 15The inability may stem from a disability, cognitive impairment, chronic drug

or alcohol use or any other medical condition

Слайд 16Incapacity can also be either temporary or permanent.


Слайд 17Duties of a Guardian


Слайд 18The primary duties of a
guardian are to manage the
welfare

and safety of the ward

Слайд 19This may include both
financial and personal needs


Слайд 20It is the guardian’s responsibility
to protect the ward and his

or her assets

Слайд 21Court Supervision


Слайд 22The guardian is required to file a petition with the court

in order to obtain written permission before making certain important decisions


Слайд 23For example, the decision to withhold life-saving medical treatment requires a

court order,
as does terminating parental rights


Слайд 24The guardian is also required to make annual reports to the

court as to the status of the ward and the ward’s affairs


Слайд 25Advantages and Disadvantages


Слайд 26 The guardian remains under court supervision

The guardian has authority that

is helpful when dealing with others


ADVANTAGES:


Слайд 27DISADVANTAGES:
Guardianships can be costly

The process is open to the

public


Loss of power and autonomy can be humiliating



Слайд 28Alternatives to Guardianship


Слайд 29A durable power of attorney

Joint bank accounts

Revocable living trusts

Protective orders

Durable

financial powers of attorney


Advance directives for health care



Слайд 30What Should I Do?


Слайд 31Regardless of the cause of incapacity, it is imperative that the

problem is not allowed to progress to the point that they become a danger to themselves or others

Слайд 32The best course of action would obviously be to take care

of your loved one informally, with the help of family and friends

Слайд 33But, sometimes more formal management or control is needed


Слайд 34Discuss your situation and your concerns with an estate planning attorney

so you can choose the plan that is best for you and your family

Слайд 35Learn More About Guardianship
in Fayetteville Arkansas


Слайд 36
www.arkansas-estateplanning.com
479-443-0062


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