An estate planning lawyer explains guardianship and power of attorney.
Whether you’re thinking about incapacity planning for yourself, a spouse, or an elderly parent, you probably have questions about the various estate planning
documents that make up an incapacity plan. Frequently, people wonder whether they need a guardianship or a power of attorney. Because the two estate planning documents share similarities, many people believe they accomplish the same goals. In reality, there are several important differences between guardianships/conservatorships and powers of attorney.