On the one hand, the guardianship proceeding could provide a necessary solution. However, on the other hand, there are some drawbacks to take into consideration. For one, people in your family may not all agree with regard to the appointment of a guardian. Acrimony can ensue, and this would only make a difficult situation worse.
Topics covered in this report include:
- Guardianship vs. Power of Attorney
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Mark S. Eghrari is an attorney in private practice in Smithtown, New York. He has been in practice since 1988. Mark S. Eghrari provides extensive estate and tax planning services to individuals and businesses. Mr. Eghrari’s primary focus is helping clients avoid probate, minimize or eliminate Federal and State Estate taxes and protect their assets from the high cost of nursing care, if they become ill.
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