Alternatives to Guardianship

Lori Ashmore Peters
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Helping Dallas area families with all of their legal Estate Planning, Probate and Business Planning needs.

If you feel that a loved one is in need of a guardianship, we recommend you first look at less restrictive alternatives and choose a guardianship as a last resort.

Guardianship is always the last resort because it can be a costly and time consuming process depending on the level of incapacity, the nature of the assets and the degree of protection needed. If there is ever any less restrictive alternative or less costly option, then that is always our first recommendation. There are 3 alternatives to guardianship.

1. Estate Planning

Ancillary estate planning documents can be created as an alternative to a guardianship. These documents encompass disability and incapacity planning. Ancillary documents include: Durable Power of Attorney, Medical Power of Attorney, Directive to Physicians, HIPAA Authorization, and Declaration of Guardian.

2. Management Trust

A management trust can be created by the courts and overseen by a trust management company in order to make sure your loved one’s needs are met.

3. Geriatric Care Manager

A geriatric care manager can be an independent party that can oversee the care and management of your loved one.

Before you decide that your loved one needs a guardianship, take the time to look at these alternatives.

Are You Concerned About The Financial Well-Being And Care Of A Loved One?

If you have a family member or loved one that you want to ensure is taken care of you need to speak with an attorney experienced in the guardianship processContact us online or call our Dallas office directly at 214.559.7202.