What is the difference between a guardian and a custodian?

The difference between a guardian and a custodian in North Carolina law is that a guardian is responsible for making decisions regarding the physical, mental, and emotional care of another person, while the custodian is responsible for managing the financial affairs on behalf of that person. A guardian makes decisions about the personal care and well-being of the person in question. This includes decisions about medical care, education, living arrangements, daily activities, and more. These decisions are based on what is in the best interest of the person with the guardianship. A custodian, on the other hand, is responsible for the financial affairs for the person in question, such as managing bank accounts, paying bills, and investing assets. The custodian is not responsible for making decisions about the personal care and wellbeing of the person, but they are responsible for managing and protecting the financial assets. Guardianship and custodianship are both important in North Carolina law and each has a distinct role. Guardians are responsible for the physical, mental, and emotional care of the person in question, while custodians are responsible for managing and protecting the financial accounts for the same person.

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