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Guardianship and continuing power of attorney

To get the best help for your situation, first answer the questions on the guide's start page.

Checklist

Prepare for the future with a continuing power of attorney

You can grant a continuing power of attorney if you are at least 18 years old and you are able to understand the contents and meaning of the arrangement. Legal aid offices, law firms and notarial services provided by banks can help you in the preparation of the document. 

Select the attorneys

You should appoint an attorney, a secondary attorney and a replacement attorney. However, you can prepare a continuing power of attorney even if you could only appoint a single person for the task. When considering the appointments, select persons that you can trust.

Read more: Selecting the attorney

Determine the contents of the power of attorney

A continuing power of attorney may contain provisions on the following:

  • management of your property and finances
  • right of the attorney to disclose information about such matters as your health and finances to persons close to you
  • obligation of the attorney to prepare the final statement

Make sure that the power of attorney contains all mandatory matters such as the entry into force condition.

Read more: What should be stated in the continuing power of attorney document?

Select two impartial witnesses

You need two impartial witnesses when the continuing power of attorney is signed. Both witnesses must be present at the same time when you sign the document. 

Keep the continuing power of attorney document in a suitable place

Keep the continuing power of attorney in a place where the attorney can easily find it when it is needed. The continuing power of attorney document cannot be sent to the Digital and Population Data Services Agency for storage. The attorney should only send the document to the agency for validation when it must be used.

Read more: Keeping and confirming the continuing power of attorney document

If necessary, you can cancel the continuing power of attorney

If you want to change the continuing power of attorney, you must prepare a new power of attorney. You can cancel the continuing power of attorney by destroying all original copies of the document that you have prepared. 

Read more: Cancelling or changing the continuing power of attorney

Determine the situation

You can apply for the validation of the power of attorney from the Digital and Population Data Services Agency when the granter is no longer able to manage his or her own affairs.

Submit the continuing power of attorney for validation

Send the original power of attorney document, the application and a medical certificate to the Digital and Population Data Services Agency.

You can speed up the validation process by requesting a statement from the granter and the granter’s spouse. You will be notified by post or by email when the power of attorney has been validated.

Read more: Starting to use the power of attorney

Prepare a property inventory and start keeping records

After the continuing power of attorney has been validated, you must prepare an inventory of the granter's assets and debts for the Digital and Population Data Services Agency. The inventory must be prepared within three months of the validation. Keep a record of the granter’s assets and debts and transactions carried out during the accounting period.

Read more: Managing matters with a continuing power of attorney

Using the continuing power of attorney

When using the continuing power of attorney in contacts with different parties, show them the validation decision and the power of attorney document attached to it. 

Check what you have to do when the power of attorney ends

Your obligations as the attorney depend on the reasons why the power of attorney expires. 

Read more: End of the continuing power of attorney (Digital and Population Data Services Agency)Opens in a new window.

What would be the best way to manage the finances of a close person?

Powers of attorney, Suomi.fi e-Authorizations and bank account user rights are some of the options available if you have to manage financial matters on behalf of a close person. 

If these options are not enough, a guardian may be needed.

Read more: Does my loved one need a guardian?

Could you serve as the guardian of a person close to you?

A private person can be appointed as the guardian, or the task may be carried out by a public guardian who is not a friend or a family member of the client. Could you serve as the guardian of a person close to you?

Any person that meets the legal requirements and agrees to perform the task can serve as the guardian of a close person. The suitability is assessed on a case-by-case basis.

Read more: Who can serve as a guardian?

If a guardian is needed

Submit a notification of a person in need of guardianship to the Digital and Population Data Services AgencyOpens in a new window.. You should state in the notification whether you would like to have a private or public guardian. 

The Digital and Population Data Services Agency will contact the person in question and determine whether a guardian is needed.

You can seek peer support for taking care of a person close to you

Ensuring the wellbeing of a close person can be a major concern. Peer support is provided by a range of different associations. 

Read more: What kind of peer support and counselling is available?

Prepare an inventory of the assets and debts of the person close to you

If you are the guardian of a close person, you must prepare an inventory of their assets and debts. You must send the inventory to the Digital and Population Data Services Agency within three months of the guardianship start date.

Read more: Property inventory at the start of guardianship (Digital and Population Data Services Agency)Opens in a new window.

Keep a record on the use of the assets

As the guardian, you must keep a record of how the assets of your client are used and prepare an annual statement on this basis. You must prepare the annual statement each year and return it within three months of the end of the accounting period. 

Read more: Tasks and obligations of the guardian

You must prepare the final statement after the end of your guardianship assignment

When the guardianship ends you must still prepare the final statement. Prepare the final statement for the period that is not covered by the last annual statement. 

Guardianship will end if

  • the client’s condition improves and no longer needs a guardian
  • the guardian has been appointed for a fixed period. In such cases, the guardianship ends automatically at the end of this period
  • the guardian no longer wants to serve as the guardian
  • the client or the guardian dies.

Read more: Guardianship ends or the guardian is replaced

Report the details of the child’s assets

You must report the details of your child’s assets to the Digital and Population Data Services Agency if:

  • the value of your child’s property exceeds 30,000 euros
  • the Digital and Population Data Services Agency asks you to provide the details of your child’s property.

Once the Digital and Population Data Services Agency has registered the child’s data, draw up a property inventory.

Read more: When does a child need a guardian?

You are responsible for the property of your minor child

You are responsible for your children’s property and for managing their finances on their behalf. 

Make sure that

  • you use your children’s property for their benefit only
  • you pay for the children’s maintenance (such expenses as food and leisure activities)
  • keep the property of your children separated from your own assets
  • keep all receipts and documents

Submit annual statement

Keep records on the use of your child’s money and prepare the annual statement on this basis. You must prepare the annual statement each year. You must return the annual statement within three months of the end of the accounting period (by the end of March).

Read more: Annual statement of a minor's property (Digital and Population Data Services Agency)Opens in a new window.

You need permission for major transactions

You must apply for permission from the Digital and Population Data Services Agency for major transactions that you carry out on behalf of your child.

Following are some of the transactions requiring permission 

  • selling and buying a home 
  • selling and buying real estate 
  • division of property and division of inheritance, if the estate of the deceased has not appointed an estate distributor.

Read more: Which actions need permission?

Prepare the final statement when your guardianship assignment ends or when the guardianship is removed from the register

You must submit the final statement when your guardianship assignment ends or when the guardianship is removed from the Register of Guardianship Affairs:

  • Guardianship duties end when your child reaches the age of 18.
  • A guardianship can also be removed from the Register of Guardianship Affairs if the value of your child’s property falls below 20,000 euros for acceptable reasons and if the guardianship was entered in the Register of Guardianship Affairs on or after 1 May 2026.
  • If a guardianship has been entered in the Register of Guardianship Affairs before 1 May 2026, the guardianship can be removed from the Register of Guardianship Affairs if the value of the child’s property is less than EUR 30,000.

Read more: When your guardianship duties are ending

Read more about different ways to get help with financial affairs

Different methods include powers of attorney, Suomi.fi e-Authorizations and bank account user rights.

If possible, make a power of attorney.

If these options are not enough, a guardian may be needed.

Read more: Help with managing finances

Consider who could be your guardian

The guardian may be a private person, i.e., a private guardian, or a public guardian who works as a guardian.

A person who is suitable for the task and has agreed to be a guardian may act as a private guardian. A private guardian is often someone close to you, such as a family member, friend or relative. 

If necessary, apply for a guardian

If you need a guardian, apply for it with the Digital and Population Data Services Agency. Attach a medical statement on your state of health to your application.

To apply for a guardian, you must understand what the appointment of a guardian means for you.

Read more: How to apply for a guardian for yourself (Digital and Population Data Services Agency)Opens in a new window.

If you no longer need guardianship at some point, apply for termination

If your situation changes and you no longer need a guardian, you may apply for the termination of the guardianship with your guardian. Applications for termination must be submitted to the Digital and Population Data Services Agency.

Read more: Changing guardians or termination of guardianship

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