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What is the difference between a Guardian of the Person and a Guardian of the Estate?

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What is the difference between a Guardian of the Person and a Guardian of the Estate?

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A Guardian of the Person is the one who is appointed to care for or arrange for the care of the minor or disabled person. A Guardian of the Estate is the one who is appointed to take responsibility for the assets of the minor or disabled person. The Court may appoint the same person to act as both Guardian of the Person and Guardian of the Estate, however, different individuals or banks may also be appointed if the situation warrants. –back to top — Is a parent automatically the Guardian of his or her minor child? No. A parent is considered to be a natural guardian, but if a minor receives an inheritance or a personal injury settlement, the childs parent must be appointed by the court to act as the Guardian of the Estate of the child. Appointment as Guardian of the Estate allows the probate court to oversee the administration of the estate and use of the funds held for the minor.

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