Conservatorships
The best way to avoid a conservatorship is for an older person to prepare durable powers of attorney before a health crisis occurs. That way, if it becomes necessary, someone you select will be able to step in to make financial and medical decisions. Conservators are subject to court supervision, which provides a powerful safeguard for an incapacitated adult’s property.
Most courts require conservators to provide periodic reports detailing their actions in order to prevent conservators from mismanaging the property or otherwise taking advantage of the people they are helping. Many courts also require the conservator to seek permission before making major decisions, such as selling real estate or terminating life-support.
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