What is a guardianship?

A guardianship is a legal arrangement in which an adult is appointed by a court to make personal and financial decisions for a minor or an adult with a disability who is incapable of making decisions for themselves. In Oregon, guardianships are part of the broader category of Trusts and Estates Law. A guardianship is necessary when a person is unable to make decisions on their own due to an illness, disability, or age. The guardian takes on the responsibility to make decisions about the person’s medical care, housing, and finances. These decisions must be made in the best interest of the person the guardian is caring for. The court appoints someone to be the guardian who is usually a family member or close friend. This person must be a responsible adult and be of sound mind. The guardian is required to act in the best interest of the person they are caring for, and they must have the financial and emotional stability to handle this responsibility. The court may have to monitor the guardian in order to make sure that the guardian is managing the person’s money and affairs properly. A guardian may also have to complete periodic reports to the court about how the person’s affairs are being handled. In Oregon, guardianship of a person is a serious matter, as the guardian has a great deal of responsibility. It is important to understand the legal obligations before taking on this role.

Related FAQs

What is a charitable lead trust?
What is a trust administration?
What is a power of attorney?
What is a trust protector?
What is a trust?
What is a spendthrift trust?
What is a trustee?
What is a trust fund agreement?
How do I probate an estate?
Can I set up a trust without legal help?

Related Blog Posts

Understanding the Basics of Trusts and Estates Law - July 31, 2023
Tips for Drafting Wills under Trusts and Estates Law - August 7, 2023
Guidance for Creating a Family Trust - August 14, 2023
What is a Testamentary Trust? - August 21, 2023
How to Name an Executor of Your Estate - August 28, 2023