This is your “general power of attorney”, which is primarily intended to give your named agent(s) the power to deal with any non-trust assets in the event of your incapacity.
The law has a system for choosing the conservator. It gives preference to the person at the top of the list, then moves down: Spouse, adult child, parent, and sibling. Any other person the law says is okay public guardian if the person closest to the top of the list does not want to be…
If the person who died did not have any property to transfer, probate may not be necessary. Usually the deceased person’s relatives open a probate if they feel necessary however a probate may be opened by any interested person.
The guardian generally has the same responsibilities as a parent. That means the guardian is responsible for the child’s care. www.caparalegalservices.com
A guardianship is when the Court appoints an adult who is not the child’s parent to take care of the child or the child’s property. www.caparalegalservices.com
A trustee takes legal ownership of the assets held by a trust and assumes fiduciary responsibility for managing those assets and carrying out the purposes of the trust.
The complete flexibility of a revocable living trust means that one can be drafted to suit your individual needs and family situation. www.caparalegalservices.com