While both a power of attorney and guardianship are designed to provide an agent with the ability to make decisions on your behalf, the primary difference between the two is that you will choose the agent for power of attorney and what actions you want them to take on your behalf, while guardianship is a court-appointed position.
With a durable POA, however, you get to choose the person you want in charge of your affairs, so there’s little need for court proceedings or a fight for control. In other words, a durable power of attorney is much preferable to a guardianship, and can prevent a lot of problems down the line. By Kate Rockwood.
The answer to THAT question is easy, at least in the vast majority of cases. The cost, difficulty, and invasion of your personal dignity involved in a guardianship/conservatorship almost always makes it better for you to sign a power of attorney now, while you can make your own choice.
Oct 27, 2021 · Durable power of attorney allows the principal to select what level of authority the agent has. Guardianship means that the court judge chooses or makes the appointment and the level of authority the guardian has. It may even be the case that a judge appoints an independent professional like an attorney as a guardian, which means that someone ...
Becoming a person’s guardian requires paperwork and a hearing in front of a judge. While the process may move swiftly, there will certainly be a lag time between when a person becomes incapacitated and when someone else can take over.
Power of attorney: This is a legal document that allows you to appoint an agent to act on your behalf in certain matters, such as financial or health care. In order for the agent to stay in effect, it must be a durable POA. This is crucially important.
Guardian/conservator: A guardian or conservator is a court-appointed person who’s given authority to manage the finances and/or health care decisions for someone who is no longer able to make those decisions on their own. In some states, the terms guardian and conservator are interchangeable.
With any other type of POA, the agent actually loses the power to act on another’s behalf when that person becomes incapacitated or enfeebled, which is exactly the time they need someone to take over. There are different types of durable POAs: one just for medical issues, and another just for financial decision-making.
A durable POA established ahead of time can preclude the need for a guardianship. If you don’t have a durable POA, you risk the possibility that your loved ones may be hamstrung and unable to make time-sensitive decisions on your behalf. Becoming a person’s guardian requires paperwork and a hearing in front of a judge.
Some people appoint the same person in both roles, while others choose to appoint different people to handle healthcare and finances. That route may make sense if, for instance, a relative is competent with finances but may be too squeamish to follow specific health care wishes in a crisis. A person can set up a power of attorney ...
In other words, a durable power of attorney is much preferable to a guardianship, and can prevent a lot of problems down the line. By Kate Rockwood.
A word about language, and the peculiarities of Arizona law: in Arizona (and in some but by no means all other states) a “guardianship” is a court proceeding in which one person is given decision-making authority over another person’s medical care, placement and personal decisions.
The cost, difficulty, and invasion of your personal dignity involved in a guardianship/conservator ship almost always makes it better for you to sign a power of attorney now, while you can make your own choice.
Conversely, if you could get a guardianship or conservatorship order, your parent probably can’t sign a power of attorney.
A power of attorney, on the other hand, does not involve courts at all. Signing a power of attorney is a voluntary act undertaken by a competent individual who understands the purpose and effect of his or her signature.
And Arizona does not have a procedure (as some other states do) for a “voluntary” conservatorship, which would allow the court to appoint a conservator even though the person in question is fully competent but willing to allow appointment of a conservator. In order to have the court appoint a guardian or a conservator in Arizona, ...
Because they can be handled without a judge, powers of attorney can help safeguard your privacy , while saving you and your loved ones a significant amount of time and effort. Significantly, powers of attorney can also help guide a court’s decision on guardianship and conservatorship hearings.
A durable power of attorney for mental health, similarly, names an advocate to handle your mental health care decisions if you become incapacitated. A patient advocate is obligated to act in your best interest and take reasonable steps to follow all of your expressed desires, preferences, and instructions relating to your care.
Guardianship. When an individual cannot make or communicate informed general care decisions for themselves, a guardianship may be established through the probate court. Broadly speaking, a guardian is a substitute decision-maker for an incapacitated individual (known as the “ward”).
A durable POA contains specific language that ensures your agent can act even if you become incapacitated, while keeping the power in your hands for as long you can make decisions for yourself. In Michigan estate planning, there are several important types of powers of attorney to know, including:
Accordingly, Michigan’s Estates and Protected Individuals Code (EPIC) states that “the court shall grant a guardian only those powers and only for that period of time as is necessary to provide for the demonstrated need of the incapacitated individual.”.
When appointing a guardian, the court makes selection in a certain order of priority, with preference going to a person chosen by the individual, or a person nominated as guardian in a durable power of attorney or named as a patient advocate. With proper planning, this order of priority can be altered as you see fit.
Michigan law is designed to “encourage the development of maximum self-reliance and independence in the individual,” and allows for guardianships to be closely tailored to the individual’s unique situation.
A Power of Attorney is basically a permission slip. Someone gives you authority to make decisions for them if they become incapacitated and unable to make decisions for themselves. The principal is the person granting the power; the agent receives the authority.
Powers of Attorney can be immediate or springing. An immediate Power of Attorney immediately authorizes the agent to act once the principal signs the document. The advantage, of course, is the immediate effectiveness of the document; the agent does not have to take any further actions to make the Power of Attorney effective.
The place we see the need for a good Power of Attorney the most is when a person checks into a Nursing Home. Hopefully they already have a good Power of Attorney in place before they check in. If not, and they still have capacity, they may be able to do one at the last minute.
Next time, we will talk about Guardianships. At the same time, we will compare the pros and cons of Powers of Attorney versus Guardianships. Needless to say, a good Power of Attorney is almost always quicker, easier, and cheaper than obtaining a Guardianship. The only way to obtain Guardianship is through court order.