« Estate Planning to Cope With the Current Legislative Uncertainty |
Main
| Some Thoughts on the Estate Planning Profession »
July 29, 2007
Standby Guardianship Legislation
Joshua S.
Rubenstein (Co-Managing Partner, Katten Muchin
Rosenman LLP, New York, New York) has published his article, Standby
Guardianship Legislation: At the Midway Point, in the Summer 2007 33 ACTEC J. 2 (2007).
Here is the introduction:
Standby guardianship legislation
allows a parent or guardian who suffers from a progressively chronic or
irreversibly fatal illness to ensure the current, effective appointment of a
guardian of the person or property of his or her minor children to act sometime
in the future during the lifetime of the parent without affecting existing
parental rights. The primary motivation
behind the introduction of such legislation has been the proliferation of
degenerative, incurable diseases, such as HIV/AIDS, cancer, multiple sclerosis,
and the muscular dystrophy, among individuals who have minor children. The need is particularly acute for single
parents, typically women, who carry the childcare burden alone. Standby
guardianship legislation permits parents to plan for their certain impeding
disability, incapacity, or death, and each state should enact legislation to enable
parents to do so.
July 29, 2007 in Articles, Guardianship | Permalink
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/t/trackback/89778/20397548
Listed below are links to weblogs that reference Standby Guardianship Legislation:
Comments
Post a comment