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As guardian of the person, you are entitled to compensation for your time, upon court approval. The compensation cannot exceed five percent of the ward's gross income. Attorney fees and other costs can and should be paid out of the ward's income, upon court approval.
(i) Natural Guardian - (ii) Testamentary Guardian or Guardian Appointed by will. (iii) Guardian Appointed or declared by Court. (iv) A person empowered to act as such by or under any enactment relating to any Court of Wards. v) De Facto Guardian. vi) Ad Hoc Guardian. vii) A Guardian ad litem -
You can write a letter naming a guardian for your children and keep it with your important papers or write in your will who you want to be the guardian of your children when you pass away. But if both parents are dead, the court will decide who the guardian is. The court will try to appoint the person you wanted.
A standby guardianship can be accomplished by parental designation where a parent signs a document entitled Parental Designation and Consent to Beginning the Standby Guardianship (Designation Form) in the presence of two witnesses, which announces the parent's intention to appoint the standby guardian.
A parent is related to the child either through biology or adoption. A guardian does not have to be directly related to the child or adopt him, but has to make all legal and pertinent decisions pertaining to a child's education and life.