There are many factors that may lead you to seek control over a family member's affairs. If your parents are aging or becoming senile and it is too late to invoke power of attorney, you may consider a guardianship as an alternative solution. This is ideal for situations in which you need to oversee medical care and finances, too. Whether you are seeking to serve as guardian for a parent or another family member, you should know the following facts before you decide to pursue a guardianship.