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Has anyone here ever heard of petitioning a court to appoint a guardian for an elderly parent? Not to appoint herself guardian, but to appoint a lawyer guardian both of the person and the finances of the elderly parent?
The reason is that the adult child has siblings who would make her life miserable if she were the guardian.
OK, honestly, I think the legal first option is to collect the payment from the funds of the person they are the guardian over. But it really is a big hassle.
I don't know what the size of the estate is. Has anyone looked into a trust and trustee situation? They generally charge 1 percent or so of the size of the estate per year. To me that seems reasonable.
OK, honestly, I think the legal first option is to collect the payment from the funds of the person they are the guardian over. But it really is a big hassle.
I don't know what the size of the estate is. Has anyone looked into a trust and trustee situation? They generally charge 1 percent or so of the size of the estate per year. To me that seems reasonable.
But they only make financial decisions.
No, I don't know anything about looking into a trust and it's probably too late at this point. I wish I had known to do what you did with your family - let them know that you will help out only if given the proper tools so you wouldn't have to be overly involved with your brother.
None of my parents' children were given the proper tools and we have a few siblings who are pretty much impossible to work with. We really need a third party to take over soon.
No, I don't know anything about looking into a trust and it's probably too late at this point. I wish I had known to do what you did with your family - let them know that you will help out only if given the proper tools so you wouldn't have to be overly involved with your brother.
None of my parents' children were given the proper tools and we have a few siblings who are pretty much impossible to work with. We really need a third party to take over soon.
Ugh, it sounds like it. And you may be in for a legal fight because it's a lot more difficult to get things lined out without tools than it is with tools. My husband and I have done it both ways, between his family and mine. One good thing that came out of our fiasco with his dysfunctional family (and no tools) was that at least we learned a lot and were able to convince MY mom and dad to give us the tools we needed before it was too late. So at least in your family you can be sure the NEXT generation has those tools. Live and learn - but it sure does suck.
Ugh, it sounds like it. And you may be in for a legal fight because it's a lot more difficult to get things lined out without tools than it is with tools. My husband and I have done it both ways, between his family and mine. One good thing that came out of our fiasco with his dysfunctional family (and no tools) was that at least we learned a lot and were able to convince MY mom and dad to give us the tools we needed before it was too late. So at least in your family you can be sure the NEXT generation has those tools. Live and learn - but it sure does suck.
Yeah I especially hate those sorts of life lessons - you know, those you have to learn by living (surviving) through them. Those are the WORST! LOL
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