Typically, a guardian takes care of a child's personal needs, including shelter, education, and medical care. A guardian may also provide financial management for a child's assets, although sometimes a second person (often called a "guardian of the estate") is appointed for this purpose.
A guardianship establishes a legal relationship between a child and an adult who is not the child's parent, but it does not end the legal relationship between the child and/or the child's biological parents.
The biological parents are still legally required to provide financial support for the child. And if a biological parent dies without a will, the child has certain automatic inheritance rights.
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A guardianship ordinarily lasts until the earliest of these events: