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Why is a guardianship so expensive?
First, the person seeking to be appointed guardian needs to hire and pay an attorney. Second, the judicial process requires that numerous individuals and agencies are sent certified letters with copies of the pleadings. Third, the court appoints an attorney to represent the prospective ward, and the fees to this attorney are paid from the prospective ward’s assets. Next, the court almost always orders a hearing at which both the attorney for the guardian and the attorney for the prospective ward must appear. Finally, the guardian must file annual accountings each year and that process, which is burdensome to say the least, may involve accountants and attorneys in the reviewing of the documentation. One must seek to avoid guardianship if at all possible!