Are guardianships established for the elderly only?

Guardianships can be established for adults of all ages and are also established for minors in several situations. For example, if a minor has received a settlement greater than $15,000, a guardian of his or her property must be appointed. There are also instances where family members, such as grandparents, are appointed as guardians when the parents of the minor are unwilling or unable to care for the minor child.

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1. Are guardianships established for the elderly only?
2. What steps can I take if I know an individual that is incapable of caring for themselves and needs a guardian?