Guardianship is required whenever a child needs someone to care for them (a guardian of the person) or to make decisions regarding their finances (a guardian of the estate). Guardians can be nominated by a child’s parent—and their preference is usually given great deference. But it is the court that makes the final determination and official appointment.
Most people are familiar with the need to appoint a guardian for a child who lost his or her parents. But a guardian may also need to be named when a minor child suddenly comes into a large sum of money (for example, from an inheritance or a litigation award).
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