HOME

SERVICES

OUR DIFFERENCE

WHO WE ARE

GETTING STARTED

PLANFUL PATH™

NEWSLETTER ARCHIVES

LINKS

CONTACT

DIRECTIONS

DISCLAIMER

 

Subscribe to our Newsletter
Email:

Click here to learn more

 

Burlington, VT office 802.540.0529
Hanover, NH office 603.643.6072
Rutland, VT office 802.773.3822
Woodstock, VT office 802.457.9492

Guardianship

The legal process that follows the death of an individual is referred to as the probate process. It is during the probate process where a person’s Last Will and Testament is presented to the Probate Court, the individuals designated in the Will are appointed executors of the estate, and the assets of the estate are collected and the final obligations and transfers within the Will are completed. Depending upon the value and complexity of the assets, the duration of the probate process can typically be anywhere from one to three years.

An individual does not have to establish an elaborate or an expensive estate plan in order to legally protect them during their lifetime and to accomplish their goals and objectives with regard to disposition of their assets following their death. Following are some suggestions that every individual should consider and put in place for their own personal protection.

Melendy Moritz PLLC Guardianship

Every individual while healthy and competent should seriously consider establishing a Durable Financial Power of Attorney in order to appoint the personally select to make financial and medical decisions for them and Measures they would like to have taken in the event that artificial life-sustaining measures become necessary in case one were to become Incompetent. These legal documents protect an individual during his or her lifetime. A failure to execute these documents while you are healthy and competent could result in a court appointing a Guardian for you, in the event of your future incompetence. A court-appointed Guardian could be someone you would not have personally chosen and could even be a stranger. The Guardianship process is a legal process requiring court appearances and public notices that is emotionally and financially costly. The Guardianship process, in most cases, may be totally avoided by providing for future contingences and doing some planning now, while you are legally competent.