It’s always wise to get in touch with a guardianship lawyer in Indianapolis, Indiana if you have any questions about your future – and if you’re like most people, chances are you’ve got a lot of questions. You may be wondering who cares for your family after your death, or who can care for you if you’re unable to care for yourself.
Fortunately, a guardianship lawyer can answer many of these questions you might have about your future. When you reach out to an attorney, you’re taking a step towards securing your future and making sure your family and friends have proper instructions for what to do when you pass on or are unable to take care of your estate or your own health.
When it comes to estate planning and guardianship planning, most people assume a lawyer will only be able to help you establish a will. However, an experienced attorney can also help you establish a durable power of attorney:
What is Durable Power of Attorney?
If you’re ever incapacitated and unable to care for yourself, you should make sure you’ll be in the care of someone you can trust. A durable power of attorney means someone is in charge of making major decisions on your behalf. A guardianship lawyer in Indianapolis, IN can help you prepare a durable power of attorney in case you experience an accident or illness that prevents you from carrying out your usual day-to-day activities.
Of course, a durable power of attorney mainly applies to yourself and your estate. But what if you have dependents that would need care, like kids, elderly relatives, or disabled adult children? Fortunately, at Dickmann Reason Bogigian & White, we can help you establish guardianship for your dependents and relatives in case you’re unable to care for them.
At its simplest, a guardian is someone appointed to take care of people on your behalf. This usually involves children, disabled relatives, and elderly relatives as well. When someone is appointed by a court as a legal guardian, it means they assume all responsibilities of care for an individual. If someone is a guardian of the person, it usually means physical care of the person. On the other hand, if someone is named as a guardian of the estate, they’ll primarily be concerned with managing your finances and assets.
Whatever the specifics and whatever your questions about your future, it’s important to map out and plan for any sort of eventuality or emergency – and this means reaching out to an accomplished guardianship lawyer from Dickmann Reason Bogigian & White.
What Types of Legal Guardianships Are Available in Indiana?
Guardianships can be an essential part of an Indiana estate plan. If you have minor children or care for a disabled adult, you need to put preparations in place in case a catastrophe happens. Guardianships can also be helpful for older people who may be struggling to manage their own affairs.
To understand the different types of guardianships, it is important to speak with a guardianship lawyer in Indianapolis, IN who can help you decide what type of guardianship best fits your individual circumstances.
Guardian of the Estate Vs. Guardian of the Person
When someone is appointed to be a guardian of the person for a minor child or disabled adult (known as a ward), he or she will be responsible for the healthcare, educational needs, support, comfort, and any other matters related to the personal care of the ward.
A person appointed as a guardian of the estate will look after the ward’s finances and personal assets. As an Indianapolis, IN guardianship lawyer can explain, the court may appoint a guardian of the estate when someone is unable to properly manage their assets or make financial decisions. A guardian may need to use estate assets to cover living arrangements, bills, education costs, and any other matters that relate to the ward’s support and comfort.
It is possible for separate people to be appointed as a guardian of the person and a guardian of the estate. For example, someone who has a sizeable and complex estate may require a guardian of the estate with special expertise and qualifications. While a bank might be the right option to be a guardian of someone’s estate, they are not the right fit to be a personal guardian who takes care of and supports the ward.
Length of Guardianships
Depending on the situation, the court may award different types of guardianships. There is an option for permanent guardianship when someone has permanent responsibility over the ward. This is often the case with a child whose parents have both died.
A limited guardianship is an option for someone who does not require extensive supervision. In this type of guardianship, decisions may be limited to whatever extent is necessary based on the needs of the ward. This means the guardian will only make certain decisions, and the ward can make their own decisions for everything else.
Plenary guardianship is the term for a combination of a guardian of the person and a guardian of the estate. Under this type of guardianship, the person has the authority to make decisions related to personal care as well as financial decisions involving the estate. A plenary guardianship can be awarded for a short-term duration, or it can be permanent.
An Indianapolis, IN guardianship lawyer can help you decide what type of guardianships you need to establish in your estate plan.
Reach out to Dickmann Reason Bogigian & White Today
At Dickmann Reason Bogigian & White, we understand that planning for your future can be overwhelming. However, we also understand that it’s an important part of everyone’s life, and it pays to be prepared for anything. We’ll help you prepare a durable power of attorney so you get the best representation possible, and plan out guardianship for your loved ones so they get the best care possible.
Nobody should be left wondering about their future. Contact Dickmann Reason Bogigian & White today, and see how a guardianship lawyer in Indianapolis, IN can answer any questions you might have about tomorrow.