Making the decision to establish a guardianship is never easy. In making the decision, one must admit that a loved one is no longer able to care for themselves and that they can no longer make important decisions. Because such determinations are so difficult, many Florida residents need the guidance of legal professionals as they work to establish a guardianship.
It is important to understand guardianships. The first thing one needs to know is that guardianships can work in one of two ways; an individual can lose some or all of their decision-making privileges. Additionally, one should know which situations Florida views as valid reasons for guardianship.
The first is a lack of finances. This term describes a scenario in which a person has a mental state that does not allow them to control their finances and no other person has a legal right to access those finances. In these cases, a guardianship can be established to ensure the individual's bills are paid, and assets are managed.
Lack of finances is not the only reason for guardianships. They can also be established for individuals who are at risk for exploitation and for those who need medical care but refuse to get it. In addition, guardianships may become necessary for those who need trusts to be created or amended to ensure their future care.
Making the decision to establish a guardianship for a loved one is never easy. However, many Florida residents are unable to care for themselves, making guardianships not only financially wise but also potentially lifesaving. If you need assistance to determine whether it is time to establish a guardianship, you can get the answers you need from an experienced legal professional.