Under what condition would a guardianship be necessary for a minor after the parents have passed?

The necessity of a guardianship for a minor after the parents have passed hinges significantly on the management of the minor's assets. When parents pass away, if there are no mechanisms in place to manage the financial aspects and assets of the minor, a guardianship becomes essential. This is particularly true if there is no trust established that would automatically provide for the minor's financial needs or an appointed guardian.

A trust serves as a legal arrangement wherein the assets can be managed on behalf of the minor without requiring a court to intervene regularly. If a trust does not exist, a guardianship can be established to ensure that the minor's financial and personal welfare is overseen by a responsible adult, safeguarding the minor's interests until they reach adulthood.

In situations where a trust is in place, it might be sufficient to manage the miner's assets and provide for their care without needing to establish a guardianship. Thus, the presence or absence of a trust is a pivotal factor in determining whether a guardianship is necessary.