Life has its ups and downs. One of the most difficult things in life is caring for an elderly parent who once cared for you. When a parent begins to age and change, it can be difficult for an adult child to accept those changes. They are used to seeing a strong person, able to care for him or herself and everyone around them. Now, they see someone who has become frail and has trouble doing things on his or her own. Let’s look at guardianships for an elderly parent in this post.
So, what exactly does the guardian of an elderly person do for them? It all depends on how incapacitated they are. If they are disabled but still strong mentally, the guardian will handle the physical care of the person. If the person is incapacitated mentally, the person will handle the decisions and physical care for him or her.
Some of what a guardian does includes the following:
- Figure out where the person will live
- Watching and caring for the property
- Helping pay bills
- Making financial decisions
- Releasing information that is confidential
- Acting as a payee
- Making end-of-life decisions
- Maximizing the independence of the person in the manner that is least restrictive
- Reporting annually to the court about the status of the guardianship
- Managing real estate held by the person
- Consenting to services unrelated to the medical field
Creating a guardianship for your elderly parent is an important part of the estate planning process in Florida. You don’t want to overlook this aspect of life as it can greatly impact your parent and how he or she is cared for moving forward.