What are the legal benefits of guardianship?
In New Jersey, guardianship is a legal relationship between a guardian and a ward – the person being protected by the guardianship. This arrangement gives the guardian certain legal rights and responsibilities to ensure the ward is taken care of. The primary benefit of guardianship is that it allows the guardian to make decisions on behalf of the ward in areas of their life they may be unable to handle on their own. These decisions can include matters such as medical care, education, and financial management. In New Jersey, guardians have the authority to make decisions about where the ward lives, whether they should be able to move out of state, and how they spend their money. In addition to providing assistance in decision-making, guardianship gives the guardian access to the ward’s medical and financial records. This can be useful in monitoring the ward’s medical care and ensuring their finances are being managed appropriately. Guardianship can also provide protection for the ward’s assets. The guardian can take steps to ensure that the ward’s money and property remain safe and are used in the best interest of the ward. This can help to keep the ward from becoming a victim of financial exploitation or mismanagement of assets. Finally, guardianship can provide the ward with a sense of security. Knowing that someone is looking out for them can provide a sense of comfort and reassurance to the ward. This can be especially important for those who may be facing a difficult life transition or those who are dealing with physical or mental disabilities.
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