Provided by Carol Anderson, Anderson Wealth Advisors

What is guardianship?

A guardianship can help you manage your property if you are unable to care for your possessions yourself. A court proceeding to appoint a guardian occurs after you have become incapacitated. Someone, usually a relative or friend, must petition the court for guardianship. The court hears the facts and, if it finds that you are physically or mentally unable to manage your own financial affairs, it will appoint a guardian of the estate. (Guardianship of the person refers to making personal and medical decisions for that person. Guardianship can also refer to the legal care of children.)

Provided by Carol Anderson, Anderson Wealth Advisors

 

Caring for Aging Parents

 

Caring for your aging parents is something you hope you can handle when the time comes, but it's the last thing you want to think about. Whether the time is now or somewhere down the road, there are steps that you can take to make your life (and theirs) a little easier. Some people live their entire lives with little or no assistance from family and friends, but today Americans are living longer than ever before. It's always better to be prepared.