Understanding Guardian Responsibilities: Fiduciary Duties Explained
Kimbro Stephens

Becoming a guardian for a loved one facing health challenges can feel overwhelming. It's a noble commitment, and we're here to help you understand a key responsibility: fiduciary duty. With clarity on this duty, you'll feel more confident in fulfilling your role with care and integrity.

Avoid Conflicts of Interest

It's crucial to identify and avoid conflicts of interest. Even the appearance of benefiting personally at the ward's expense can be problematic. Always seek legal or professional guidance if you're unsure.

Document Decisions

Keeping detailed records of your decisions, actions, and any changes in care or living arrangements is vital. Use journals, spreadsheets, or apps to maintain accuracy and transparency, ensuring you're always well-prepared.

Report Regularly to the Court

Guardians are often required to provide regular updates to the court. These should include details about the ward’s well-being, healthcare status, living arrangements, and any significant developments.

Differentiate Roles Clearly

It's important to distinguish the guardian’s role from that of an executor. Guardians make decisions for someone living, while executors act after someone has passed. Though one person may be both, the duties and timing are entirely different.

Remember, you're not expected to know everything upfront. Understanding fiduciary duty is a critical first step. Reach out if you want to discuss your responsibilities further or need support navigating the process. You're not alone in this journey, and we're here to assist.