Hello. My name is Damien. I am an attorney in New York City practicing in the New York City metropolitan area. A guardian's personal assets are not subject to creditor claims of the ward. (A ward is the alleged incapacitated person who is in need of a guardian.) There is no legal requirement for guardians to use their own personal assets for the care of the ward. When a court appoints a guardian for an alleged incapacitated adult, the court issues an order that sets forths the powers and obligations of the guardian. There is no requirement for guardians to use their own personal assets for the care of the ward. If you need any assistance, a New York Trusts & Estates or Elder Law Attorney could help you. If you wish to speak on the phone about it, you can call Damien Bosco, P.C. at (646) 452-7082 or email me at DamienBoscoEsq@gmail.com
Answered on Mar 05th, 2021 at 5:37 AM