What is a guardianship for an adult?

A guardianship for an adult in Colorado is a court-supervised legal relationship between a person who needs assistance making decisions and another person or entity designated as the guardian. The guardian is responsible for managing the personal and financial needs of the adult, deciding what is in the best interests of the person. Generally, a guardianship is established when an adult can no longer make decisions and care for him or herself due to a medical condition, disability, mental or physical incapacity, or due to the age of the adult. In Colorado, the court may appoint a guardian to handle personal decisions or a conservator to handle financial decisions, or both. Personal decisions may include matters such as healthcare, living arrangements, basic needs, and lifestyle. Financial decisions may include access to funds, paying bills, managing assets, and filing taxes. The guardian must act in the best interest of the adult’s wellbeing, and seek periodic court approval for major decisions. The guardian is also responsible for providing an updated report to the court that includes a detailed financial statement, accountings, and other details outlining the ward’s situation. Guardianship rights remain in effect until it is discharged or terminated by a court order.

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What is a guardianship for an adult?

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