Do you have guardianship for your beneficiary?
Guardianship is a provision, in the event that a benefactor does not have the maturity or mental capacity, to make wise short or long-term decisions on their own. Most often, this would apply to someone under the age of legal adulthood, or mentally handicapped persons. What happens to those under your care, if you were to become incapacitated or unexpectedly pass away? With proper documentation you can have your wishes for their best interest be known, and legally enforceable. Without the proper legal paperwork, the decision of care and placement is likely to fall to a random government judge.
Important things to consider:
- Provision
- Proper documentation
- Placement meets your plan
- Your wishes be known
- Proper paperwork
- Prevent government placement
