Which type of guardian is responsible for the property of the individual?

The correct answer is the type of guardian responsible for managing the financial and property interests of the individual, which is referred to as the guardian of the estate. This guardian is tasked with overseeing and safeguarding the assets, income, and financial affairs of the individual under guardianship, ensuring that their estate is managed properly according to legal standards and in the best interest of the individual.

The role of a guardian of the estate is crucial, particularly when the individual is unable to handle their own financial matters due to incapacity or other reasons. This can include managing investments, paying bills, filing taxes, and making decisions regarding the sale or purchase of property. The guardian must act in a fiduciary capacity, meaning they have a legal obligation to act with care, loyalty, and good faith in the interests of the individual.

In contrast, a guardian of the person is primarily focused on the individual's personal well-being, including their health care, living arrangements, and daily care, but does not handle their financial matters. Similarly, the terms family guardian and individual professional guardian describe guardianship roles that might include various responsibilities but do not specifically designate responsibility for property management as the guardian of the estate does. This distinction is critical in the field of guardianship, as the roles and