A Guardianship doesn’t have to go on forever
A Guardian of the Person or Guardian of the Estate is appointed by a Court in a situation where an individual is found to be presently “incapacitated” and unable to manage their affairs regarding financial, residential, medical, occupational and other major decisions. If the individual previously signed a durable general power of attorney or medical power of attorney, there...
Guardians can’t sell real property without court approval
If you’ve been appointed as the Guardian of the Property (Guardian of the estate) for an incapacitated person, you probably know that you have a lot of authority and power regarding the ward’s assets. While you do have to file an annual accounting in New Jersey as specified in the Judgment appointing Guardian (NJSA 3B:12-42), in general the New Jersey probate court does not...