What is a guardianship and why should I consider it?
A guardianship is a legal tool used to protect a person who is not capable of making decisions for themselves. In Maryland, the court system will appoint a guardian to make decisions on behalf of someone who is unable to do so, such as a child, or someone who is suffering from a mental health disorder. If you are considering creating an estate plan in Maryland, guardianship should be put into consideration. Guardianship is important because it ensures that the person is taken care of in a way that will best suit their needs. It also ensures that their money and property are managed responsibly and not misused. In Maryland, the court will name a guardian with the consent of the parents or other legal guardians. It is important to consider guardianship when creating an estate plan because it allows you to choose who will make decisions on behalf of your loved one if something happens to you. You can name someone you trust to take care of the financial and medical decisions that need to be made. Additionally, it can protect your loved one’s assets from being misused and make sure that they have the best possible care. In conclusion, guardianship is an important tool when considering estate planning in Maryland. It ensures that someone you trust has the authority to make decisions on behalf of your loved one and that their assets are managed responsibly.
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