What Is Conservatorship, How It Work, How To Get, Payment And More
Do you know what Conservatorship is all about? If No, then this informative article is for you. You will be given detailed information about Conservatorship, How It Work, How To Get, Payment And More.
There is a lot of fear involved when a loved one becomes unable to care for himself. Whether it is a physical problem or a mental one, the stress and concern created will not just disappear. Your loved one must be cared for and protected, both physically and financially. If in such a case, all you need to do is to file a petition in court so that he/she can be assigned to a conservator.
How Does A Conservatorship Work?
Why is conservatorship legal? Many years ago, the court mandated a process by which incapacitated individuals can appoint other people to make major personal and financial decisions for them. Moreover, these responsible parties can be appointed in advance by the incapacitated person through a living will or trust.
Alternatively, they can be appointed by the court through a courtroom process after the incapacitation occurs or if the individual becomes a danger to themselves or others. A conservatorship generally begins when someone petitions the court and represents to a judge that an elderly person is unable to care for their own personal needs or manage their finances.
It may also be put in place when a physically or mentally incapacitated adult becomes unable to make decisions on their own. In such a case, a lawyer, elder law attorney, will represent a person, conservator, who will file for a conservatorship in order to help the elderly or incapacitated person pay their bills, buy groceries, attend medical appointments, and so much more.
How To Get Conservatorship
Are you interested in getting a conservator to help an elderly person or incapacitated individual? Here is a step by step procedure on how to apply for conservatorship in a court of law:
- The first step in getting conservatorship is to file a petition in a superior court. The petition must contain information on why the individual cannot manage their financial affairs or make appropriate decisions concerning their personal care.
- Once the petition has been filed, the court will appoint an investigator to assess the physical and mental situation of the conservatee.
- The court sets a hearing date. Family and interested parties are notified of the proceedings and may be required to testify in court. The conservatee must appear in court unless medically unable to do so.
- After the hearing, the court will appoint the most suitable conservator to take care of the individual. The law prefers that a family member of the individual be appointed conservator. In some cases, the court may have no other option but to appoint non-relatives to help the person.
How Long Does It Take To Get Conservatorship?
This depends on the nature of the petition. If the conservatorship is uncontested, it usually takes about four to eight weeks. On the other hand, the conservatorship process can drag on for months if the matter is contested. In the case where the conservatee is in a life-threatening situation, an emergency conservatorship can be obtained in a matter of days.
What Power Does A Conservator Have?
While some conservatorship cases are deemed necessary, others have been criticised for giving the conservator too much power. The conservator must take actions only in the conservatee’s best interest and must act in good faith and with the utmost loyalty and concern for the conservatee. The powers of a conservator include but are not limited to:
- Consenting or withholding consent to medical treatment on behalf of the conservatee.
- Access to confidential records of the conservatee,
- Investing the funds of the conservatee.
- Buying and selling assets.
- Collecting debts.
- Representing the conservatee during legal proceedings.
- Communicating with investors and financial institutions.
How Much Does A Conservator Get Paid?
The court usually approves the conservator’s salary, and it varies depending on the nature and extent of services provided. If the conservatory is a family member or friend, they may render the services without asking for a wage or salary. This especially holds when the conservators are willing to preserve as much of the conservatee’s wealth.
Otherwise, the private conservators must receive reasonable compensation for their services. The conservator is usually paid from the property or assets of the person who is the subject of guardianship. They operate under the supervision of the court and must account for all expenditures from the conservatee’s assets.
Does A Conservatorship Expire?
So, how long does a conservatorship last? Well, the conservatorship lasts for as long as necessary. However, it can be terminated by a court order. It also ceases when the conservatee dies. In such a case, the conservator is required to distribute the properties of the conservatee to the successors. The conservatorship of will also ends when all the assets of the person are used up.
In the case where a person becomes unable to care for himself because of a medical condition, the conservatorship will end when he is treated or recovers sufficiently to care for himself again. If the conservatory is no longer willing or no longer able to act as conservator, the courts appoint a different person to play the role.
List Of Celebrities With Conservatorship
If you thought that conservatism is for ordinary people, then you are wrong. There are tons of celebrities apart from Britney Spears who have been assigned to conservators. Here are the other famous celebrities who have pursued conservatorship:
- Amanda Bynes
- Brian Wilson
- Joni Mitchell
- Mickey Rooney
- Randy Meisner
- Casey Kasem
If one of your relatives has become physically or mentally incapacitated, it may be a good idea to pursue conservatorship. Establishing a conservatorship can help offer reassurance that their needs will be met under the direction of a relative or any other reliable person appointed by the court.
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