What does "emancipation" mean concerning guardianship?

Emancipation concerning guardianship refers to a situation where a minor gains legal independence from their guardian, typically their parents. This process allows the minor to make their own decisions regarding personal and financial matters without the oversight of a guardian. Emancipation can grant minors the ability to enter into contracts, live independently, and assume responsibility for their own well-being, thus signifying a significant step towards adulthood.

In this context, other options do not accurately represent the definition of emancipation. The restoration of parental rights implies a re-establishment of authority, which is contrary to the concept of emancipation. The legal process for appointing a guardian is unrelated to emancipation since it focuses on creating guardianship rather than dissolving it. Lastly, the termination of a guardian's responsibilities could occur in various contexts, but it does not specifically define emancipation as it doesn't inherently involve the independence of the minor.