(1) The contents of a guardianship contract shall be to entrust all or some of a person's affairs related to property management and protection of private matters to another person where the person is in the state of lacking the capacity to manage the affairs due to a disease, disability, old age or by any other cause or to prepare for the possibility of falling under such situation, and to confer the right to representation with respect to the entrusted affairs on another person.
(2) A guardianship contract shall be entered into in an authentic deed.
(3) A guardianship contract shall take effect at the time the Family Court appoints a supervisor of voluntary guardianship.
(4) In implementing and managing a guardianship contract, the Family Court, a voluntary guardian, a supervisor of a voluntary guardian, etc. shall respect the wishes of the principal to the greatest extent possible.[This Article Added on Mar. 7, 2011]