Becoming a guardian for a loved one facing serious health challenges or diminished capacity can be overwhelming. It's a noble responsibility that requires care and integrity. A key aspect of this role is understanding the fiduciary duty, which helps provide clarity and confidence as you navigate this path.

Prioritize Transparent Decision-Making

Keeping detailed, clear records of decisions, actions, and changes in care or living arrangements is crucial. Using journals, spreadsheets, or apps to log these activities maintains accuracy and transparency, ensuring you can account for every decision.

Regular Reporting to the Court

Guardians are often required to provide updates to the court, detailing the ward's well-being, healthcare status, living arrangements, and any major developments. This process ensures accountability and the ongoing assessment of guardian activities.

Avoid Conflicts of Interest

It's important to recognize and avoid conflicts of interest. Even the appearance of personal gain at the ward’s expense can be problematic. Seek legal or professional guidance if unsure about potential conflicts.

Differentiate Guardian from Executor Roles

Understand that a guardian's role is distinct from that of an executor. Guardians make decisions for someone living, while executors act after someone has passed. Knowing these differences is crucial, especially if you hold both roles.

Your commitment as a guardian is commendable, and while you are not expected to know everything upfront, understanding fiduciary duty is a crucial first step. Remember, you are not alone, and reaching out for support or further discussion is encouraged. With this understanding, you can navigate guardianship with confidence and care.