When you hear the words “guardianship” and “conservatorship” what comes to mind? While you may not know much about these two terms, you likely understand that they are associated with estate planning.
For example, when an individual does not have an estate plan that names a health care agent, a loved one may have to petition the court for conservatorship or guardianship.
You never want to think about a situation in which you are no longer able to care for yourself. At the same time, you don’t want to consider that this could one day happen to a loved one. Unfortunately, it is a situation that comes up from time to time.
While a guardianship and conservatorship is similar in some ways, they are not exactly the same.
For example, a guardianship is put into place when an individual is no longer able to take care of his or her personal needs. A conservatorship, on the other hand, is more for when a person can no longer manage their finances.
If you find yourself in the role of conservator or guardian, you are staffed with a variety of responsibilities.
Do you have questions regarding guardianship and conservatorship? Is there something in particular you need help with? If so, don’t wait to contact us for assistance. We are more than willing to answer your questions and provide you with high quality advice.
When the time comes to get help, contact us online or via phone. Either way, it won’t be long before we are able to provide you with the assistance you deserve.