Conservatorships

Conservatorships of the person are given for people who do not have the mental capacity to care for themselves. The conservator assumes all rights and responsibilities for the care of the person.

Conservatorships of the estate are designed to designate a person to manage the financial resources of the person who is unable to do so. The duties of the conservator include managing finances, protecting assets, and making an inventory of all assets within ninety days of appointment.

A Durable Power of Attorney is the legal authorization to act on another’s behalf as to legal and business issues.

When to get a Conservatorship versus a Durable Power of Attorney:

A Conservatorship is obtained when an individual assumes the rights and responsibilities of a person who no longer has the capacity to care for himself or herself.

A Durable Power of Attorney is the authorization one individual, who is mentally capable to do so, gives to another individual to act on his or her behalf as to legal and business issues.