Guardianship

What Michael Jackson Has Taught Us All (Part 3)

Blog Post by Melissa Platt, Esq.

Lesson #3: Every family with children must put into place a plan that specifies what should happen to their children, both in the short-term and the long-term, in the case of a parent’s death or incapacity.

Michael Jackson’s untimely death is another heartbreaking reminder that we never know when or how we’ll die. Responsible parents can no longer afford to think, “That won’t happen to me,” or “I’ll get around to it later.” Whatever you may think about MJ as a person, it’s undeniable that he was a devoted father.

What Michael Jackson Has Taught Us All (Part 2)

Blog Post by Melissa Platt, Esq.

Lesson #2: Your estate plan must be updated regularly to keep up with your changing life. An estate plan that is done once, stuck on a shelf, and never looked at again will not be effective when your family needs it. Your circumstances and your assets change, so it is critical to have an on-going relationship with your lawyer so that your estate plan can reflect those changes.

Unfortunately for his family, MJ did not update his estate plan to reflect his changing circumstances. When Michael’s will was signed in 2002, Debbie Rowe (Michael’s ex-wife and disputed biological mother of two of his children) had surrendered her parental rights.

What Michael Jackson Has Taught Us All (Part 1)

Blog Post by Melissa Platt, Esq.

I’m sure we all have some memories associated with Michael Jackson Some of my memories include watching the music video “Thriller” for the first time, attempting the “moon walk,” and wondering what Disneyland’s “Captain EO” was all about. And now the King of Pop’s legacy includes several valuable lessons on estate planning as well.

Lesson #1: It’s not about the documents. In my opinion, one of the reasons why you do estate planning with an attorney is to have someone take you by the hand, advise you through the decision-making process, and guide you around potential pitfalls. Why else would you pay an attorney thousands of dollars for documents that you can get for a few hundred dollars (or less) online or from an office supply store?

When is a Guardianship Over an Adult Appropriate?

Courtroom and U.S. FlagA "guardianship" establishes the legal right of one individual to make decisions regarding the physical care of another who is no longer able to make such decisions for themselves.  A "conservatorship" is similar to a guardianship, however the decision-making power granted is limited to the financial affairs of the individual over whom the conservatorship is established (the "ward").  These powers can only be granted by a court of law where jurisdiction is proper (e.g., where the ward lives).  The laws that govern these situations can be found in Title 75, Chapter 5 of the Utah Code.

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