Are you considering creating a guardianship? If so, it is important to know what the process entails, who can be a guardian, how to choose a guardian, and more. Read on to learn more about guardianships in Michigan.
What is a guardianship?
A guardianship allows an elected person to handle certain responsibilities on behalf of another individual who is incapable of managing the tasks themselves. Typically, this occurs if an adult becomes incapacitated. Guardianships are also created often for elderly adults.
What are the different types of guardianships in Michigan?
There are various types of guardianships in Michigan that can be chosen, depending on the individual and their circumstances. The most common types include:
- Guardian of the person: This person makes life decisions for an individual, including health care, education, and welfare.
- Guardian of the property: This individual manages decisions about the person’s money, investments, and savings. They are expected to file an annual report about the properties.
- Guardian of the person and property: This individual is responsible for both life and property decisions.
- Guardian ad litem: This individual is selected by a judge to act for an individual during a court case in the event that they cannot protect their rights or defend their own interests.
How do I choose a guardian?
If you are mentally capable, you can appoint a guardian yourself through an estate plan. In the event that you are unable to make decisions for yourself, your guardian will be able to step in and make these decisions on your behalf. In some cases, a court will select a guardian on behalf of an incapacitated individual.
What are the requirements of a guardian?
A guardian has a lot of responsibility. As a result, it is important to that you choose your guardian wisely. In Michigan, a guardian must be over the age of 18. They also must be a legal resident or citizen of the United States. When choosing your guardian, it is important to appoint someone that can be trusted with your major decisions and financial responsibilities. For this reason, many people select a relative or close friend whom they trust and deem responsible.
If you have any questions or concerns about guardianships in Michigan, contact our firm today. We are here to help ensure that your future is safe and secure. Reach out to speak with an experienced and dedicated estate planning attorney.
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