Aging Parents, Power of Attorney vs. Guardianship

Learn the critical difference between power of attorney and guardianship for aging parents, and why proactive estate planning saves time and money.

power of attorney Guardianship I can’t tell you how many times people have approached me and said my parents are mentally incompetent … I’d like to get a power of attorney! It is then I explain, unfortunately it’s time for a guardianship action. You want to avoid being in that situation. Talk sensibly with your parents and your spouse and your children. It’s a fact of life that many of us will reach a point where we are no longer competent to handle our own affairs. You need to plan for that and giving a power of attorney to someone you can trust is key here. If you don’t and you are no longer capable of handling your own affairs, someone has to step in and get the authority to handle your affairs. It’s all too common for children to have bring a court action to be appointed guardian of a parent. In most cases, that could have been avoided by getting your parent to give you power of attorney. Parents, unless you know you can’t trust your children, work with them on this. Spouses, work with each other.

Are you finding yourself in need of legal advice regarding your aging parents? Simon Law Group can help you navigate the process of either obtaining the Power of Attorney free attorney consultation.

To request a consultation, call (800) 709-1131 or use the contact form. The intake team will review the request before any consultation is confirmed.

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