Adult children with elderly parents face a mountain of challenges and often have many questions about how to proceed. When your parent is no longer able to make decisions for him or herself, the burden often falls on you, their adult child, to care for them and manage their affairs.
As you work on your estate planning, an important area to prepare for is the future of your adult child with special needs. You must appoint a guardian for your child to ensure he or she is taken care of properly once you are gone. Not just anyone will do, including family and friends. There are many factors you should consider as you make this significant decision. Ask yourself the following questions as you review possible candidates.
Many Texans have loved ones who need some assistance with life. It may be as narrow as needing someone to help pay bills and balance the checkbook or as broad as needing management of almost all aspects of life for someone with severe disabilities.
Do you have a loved one who can no longer make decisions that are in their best interest? You have options and one is seeking a guardianship. This can allow you to step in and make personal and financial decisions.