Guardianship for Minors

WHEN DO YOU NEED A GUARDIAN FOR A MINOR?
 
The biological or adoptive parents are the natural guardians of the child and in general can act for the child.
 
However, the Court must appoint a guardian in the following circumstances:
 
   Where the parents die
 
   Where the parents are incapacitated
 
   Where the child receives the proceeds of a lawsuit exceeding $15,000.
 
Can the parents plan for guardianship?
 
Both parents or the surviving parent may prepare and file with the Court a written declaration naming a pre-need guardian.  A guardian may also be designated in a Will in which the child is a beneficiary.
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