Rogers Estate Planning Academy Episode 4: Guardianship

Rogers Estate Planning Academy Episode 4: Guardianship
Estate Planning Academy Episode 4: Guardianship

What is a guardianship?

It is the legal process of giving a person, the guardian, the legal authority to make all or some decisions for the ward.  Requires process and a hearing.  It is the State’s alternative plan to creating yourself a Durable Power of Attorney, only you don’t get the same freedom with a Guardianship.

Definitions

Ward: The person in need of care because of incapacity

Guardian: The person taking care of the ward

Why guardianships are given

  • Incapacity due to medical incident, accident, addiction, dementia, or Alzheimer’s disease
  • Special needs
  • Addictions to alcohol or drugs

What is the process to get a guardianship

  • The person that wants to be the guardian petitions the court
  • The proposed guardian must provide proof. Typically a report or affidavit from a doctor
  • The ward has to be served a notice of rights and notice of hearing
  • If the ward doesn’t voluntarily cooperate, the court can order a mental evaluation
  • The guardian must show up for a mandatory hearing in court
  • The ward has the right to show up, ask questions, and defend themselves
  • If the guardianship is awarded, the guardian is given an order and letter showing that the court has given them the authority to make the ward’s decisions
  • The guardian must give an annual report to the court

Guardians Powers and Responsibilities

  • Make sure the ward is taken care of
  • Make financial decisions
  • Make legal decisions
  • Make healthcare decisions
  • Make sure the ward’s needs are taken care of

Qualifications to be a Guardian in Arkansas

  • Be 18 or older
  • No unpardoned felonies on record
  • Not a guardian of more than 5 people
  • Has the mental and financial capacity to be guardian

Avoiding Guardianship

  • Durable Power of Attorney