What Are Conservatorships And Guardianships?
What is the difference between a conservatorship and a guardianship? A conservatorship is the process to appoint another person to manage the affairs of an adult who lacks capacity. This might become necessary when an elderly relative can no longer manage his or her finances. A guardianship appoints someone to handle the estate of a minor child.
Both of these processes require court oversight. This can take time and be costly. Proper planning with the use of durable powers or attorneys and health care directives may avoid a conservatorship. A living (revocable) trust that accounts for the needs of children may avoid a guardianship proceeding if anything happened to you.
The Law Office of Matthew C. Yu represents individuals and families in the coastal communities of the South Bay. When your loved one did not have proper planning documents in place, we can represent you through guardianship or conservatorship proceedings.
One of our lawyers will meet with you right away to discuss your current situation. Then we will work with you to put a plan in place to remedy the situation.
Signs That You May Need A Conservatorship
Issues of capacity can be difficult to address with aging loved ones. How do you know that it might time to step in? Here are some of the common reasons:
- Grandmother describes getting lost while walking or driving in a well-known area
- An aging parent leaves on or forgets to pay bills
- Scammers convince your elderly relative to send cash or you start to notice large purchases for unneeded items
Any of these may indicate an adult may no longer be able to take care of himself or herself. General conservatorships often are required for elderly people, but may also be needed when a younger person suffers a serious injury in a car accident. Limited conservatorships are also possible for adults with developmental disabilities who do not require the same higher level of help.
Are you dealing with the incapacity of a loved one? Speak with a conservatorship attorney at our Torrance office. Call 310-986-2364 or reach out to us online to schedule a free initial 30-minute consultation.