So you have been appointed guardian, now what?

If you  have been appointed guardian of your parent's money, you must realize that not all family members may agree with your decisions. Sometimes, sibling rivalry going back many years might still cause tension when parents become sick or incapacitated.

To help avoid friction, make sure you do a good job carrying out all of your duties. As a guardian, you will have to prepare documentation for the court about your parent's income, assets and how money was spent. Unless your parents told you not to, it may be a good idea to share information with your siblings and answer any questions they may have. This may help with any resentment that can build up over time. The court can inform you whether you are required to share information as unfortunately, some family members may not have your parent's best interest at heart. Sometimes a family counselor or a mediator may be able to help when you have disagreements over your parent's
money.

Bradford Miller Law, P.C. can help you prepare all the legal estate planning documents that you will need. We also offer advice, and keep your estate plan current with the laws governing estate planning. Knowing that you and your loved one's affairs are in order can be satisfying and bring you peace of mind.

To get started or discuss whether our services are right for you, give us a call at 312-238-9298 for a FREE 15-minute consultation or contact us online today.  At www.bradfordmillerlaw.com you can find helpful information regarding Estate Planning and information about our firm.

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law and Estate Planning
134 N. LaSalle Street, Suite 1040
Chicago, Il 60602

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