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Archive for the ‘Guardianship’ Category

Lifetime Planning: How Can a California Power of Attorney Help You? Part 2

Friday, April 23rd, 2010

As discussed in the previous post, a power of attorney is a great tool that lets you plan for possible of incapacity in the future, but this document can also be used now in your day to day life if you’d like.

Decide if you want your agent’s powers to start now, or later

Just as important as what your agent can do is when they can do it.  A power of attorney can give your agent power right away, or hold off until a future event or condition happens.  We’ll explain the benefits and drawbacks with either option.  Your decision will depend on who you will name as your agent and your personal circumstances. (more…)

Posted in California Conservatorship, Estate Plan, Guardianship, Health Care, Power of Attorney

Who Would You Want to Care for Your Kids If You Couldn’t?

Friday, March 12th, 2010

Parenthood involves planning not only for your day to day responsibilities, but also for the major “what-ifs.”  If you have minor children, have you thought about who you would want to take care of them if both you and the other parent become incapacitated or pass away?  California law lets you choose in your will who you’d want to raise your children if you and the other parent are unable to.  This is done through a “guardianship.”

Your choice of guardian is one of the most important decisions you’ll make in your will, so how do you decide?  In “How to Choose a Guardian,” mother of three Denise Oliveri proposes that you figure this out by answering five questions.  To decide who will be right for the job, she suggests you evaluate age and health concerns, moral and educational values, financial ability to care for a child, and whether your child would have to move away. (more…)

Posted in Estate Plan, Guardianship, Trust, Will


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