How do I get legal guardianship in Illinois?
How do I get legal guardianship in Illinois?
In order for a guardian to be appointed, a petition must be filed in the court by an “interested person”. The petition includes basic information, such as the name, date of birth and address of the person alleged to be in need of guardianship.
What responsibilities does a guardian have?
The duties of a guardian, generally speaking, are to oversee the welfare and safety of the person under guardianship, and to attend to the financial needs of the individual, using his or her assets wisely. A guardian has a legal duty, called a “fiduciary duty”, to act in the best interests of the individual.
What is a secondary guardian?
Often this is the parent, but sometimes it’s a teacher, coach, or school. However, more than one adult can access a student’s account (to review their games, or monitor their activity on the site). Any other adult account with access to a kid account is a Secondary Guardian.
Will guardian trustee and executor?
The executor has a legal duty to administer the testator’s estate, making sure that the beneficiaries receive the assets of the estate, according to the will. A trustee is an individual appointed to administer a trust for the benefit of the beneficiaries of the trust.
Why is a guardianship necessary?
A guardianship of the estate is important for two reasons: It frees people and institutions from liability if they turn the money or property over to the child’s parents and the parents subsequently misuse it; and. It subjects the parents’ management of the property to a judge’s scrutiny.
What is a custodian or legal guardian?
The custodian, sometimes called a property guardian, is in charge of a minor child’s inheritance until they reach a certain age. Typically, the parents’ property, cash, investments, retirement accounts, and life insurance policies are passed on to the children.
Is legal guardian the same as adoption?
Guardianship is when a person is responsible for the care and well-being of a child and has the legal authority to consent on behalf of a child. Under a guardianship arrangement the child’s parents maintain their parental rights. Adoption is the process by which an adult becomes the permanent, legal parent of a child.
