What defines a 'Disabled Person' in legal terms?

The definition of a 'Disabled Person' in legal terms is often centered around the individual's capacity to make informed decisions and manage their own affairs. The correct answer identifies a person who lacks sufficient capacity to make responsible decisions as a disabled person. This definition aligns with the principles of guardianship, where the focus is on the person's ability to understand, appreciate, and process information necessary for decision-making in various aspects of life such as healthcare, finance, and legal matters.

Understanding this definition is crucial because it sets the foundation for when guardianship may be necessary. It emphasizes the importance of evaluating a person’s cognitive and functional abilities rather than solely focusing on age, mental illness, or receipt of benefits – which might not accurately capture the nuances of an individual's capacity. For instance, being under 18 does not automatically equate to a lack of capacity, nor does being mentally unstable or receiving governmental assistance. Each of these circumstances may need a more comprehensive assessment to determine an individual's overall decision-making capability.