Guardianship Expenses

Guardianship Expenses

The amount one spends as part of one's legal responsibility to care for a mentally incompetent person or a child other than one's own. In the United States, guardianship expenses are tax deductible at the federal level. See also: Guardian.
References in periodicals archive ?
The Guardianship, Power of Attorney and Advance Directives Committee responded to the many legislative proposals concerning perceived problems and abuses in the guardianship system, including the cap on funeral-related expenses, payment of guardianship expenses, spousal consent to initiate divorce proceedings, and standards for guardians and other fiduciaries.