Frequently Asked Questions Videos
Who keeps track of what the guardian is doing?
Video Transcription:
Guardians are supervised by a court. The court monitors the guardian’s actions, both the decisions they make and how the money is spent. The court monitors these actions through an annual accounting or annual plan which says how the guardian is providing care to an individual under guardianship.
Who should I notify about a durable power of attorney?
Video Transcription:
If you’ve executed a durable power of attorney, you should provide notice to your bank and any other financial institution you wish your agent to be able to use that power of attorney. In addition, you may want to tell the agent under your power of attorney that you’ve appointed them, and explain to them what you wish them to do.
Who usually petitions the court for guardianship?
Video Transcription:
The individual who petitions the court for guardianship is usually a family member or friend. Under the law it has to be someone who is interested in that individuals welfare. It could be a government agency, such as Adult Protective Services. However, in most cases it’s a family member.
Will long-term care insurance pay for care at home?
Video Transcription:
Long term care insurance, depending on your policy can pay for care at home. Most long term care policies pay a daily rate for care either in a nursing home or assisted living facility. However, when you speak to your long term care insurance agent you can ask for a policy that covers care at home and even paid for by your family.