Which of the following is NOT an alternative to guardianship?

Which of the following is NOT an alternative to guardianship?

• A. Medical power of attorney
• B. Restricted bank account
• C. Living will
• D. Revocable trust

Answer: (B)

The correct choice is the restricted bank account, as it does not serve as a viable alternative to guardianship. Guardianship typically involves a legal arrangement where a person is appointed to manage another individual's personal affairs and make decisions on their behalf, often due to incapacity or disability. In contrast, a medical power of attorney, living will, and revocable trust each provide specific tools for managing an individual's affairs without the need for a guardian. A medical power of attorney allows someone to make healthcare decisions for another person when they are unable to do so. A living will outlines an individual's preferences regarding medical treatment in situations where they cannot communicate their wishes. A revocable trust allows a person to transfer assets while maintaining control over them, making it a useful estate planning tool that can circumvent the need for guardianship over property should the individual become incapacitated. A restricted bank account, however, does not empower a designated individual to make decisions or manage affairs in the same way that these alternatives do. Instead, it merely limits access or the ability to withdraw funds, which does not provide comprehensive decision-making authority or support in managing overall welfare like guardianship and its alternatives.

The correct choice is the restricted bank account, as it does not serve as a viable alternative to guardianship. Guardianship typically involves a legal arrangement where a person is appointed to manage another individual's personal affairs and make decisions on their behalf, often due to incapacity or disability.

In contrast, a medical power of attorney, living will, and revocable trust each provide specific tools for managing an individual's affairs without the need for a guardian. A medical power of attorney allows someone to make healthcare decisions for another person when they are unable to do so. A living will outlines an individual's preferences regarding medical treatment in situations where they cannot communicate their wishes. A revocable trust allows a person to transfer assets while maintaining control over them, making it a useful estate planning tool that can circumvent the need for guardianship over property should the individual become incapacitated.

A restricted bank account, however, does not empower a designated individual to make decisions or manage affairs in the same way that these alternatives do. Instead, it merely limits access or the ability to withdraw funds, which does not provide comprehensive decision-making authority or support in managing overall welfare like guardianship and its alternatives.