Guardianship

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My 66 year old brother is mentally ill (bipolar disorder) and has addiction issues. He’s not making good decisions for himself anymore, so he needs to go into assisted living, although he doesn’t want to. My sister(s) and I are considering seeking emergency guardianship. Would we become liable for his debts? What are potential risks to us that we should be aware of?

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Posted by Anonymous
Asked on November 13, 2020 9:55 am
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Guardians are not liable for the debts of the person they are taking care of simply because they are guardian. Having said that, if you sign a contract and that contract has language making you personally liable, it would be possible.

As guardian you act as a fiduciary, so it is important to understand your fiduciary obligations. If you would like to schedule a free case assessment to discuss guardianships and your responsibilities, you can schedule a free case assessment online 24/7 by going to go.oncehub.com/rhbooknow or calling us at 303-688-0944.

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Posted by Bill Henry (Questions: 1, Answers: 75)
Answered on November 13, 2020 10:02 am