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Guardianship Versus Conservatorship What Is the Difference?A guardian of the person is responsible for decisions about care provisions and living arrangements of the ward. A guardian of the estate, also known as a conservator, is charged with the ward's property and financial affairs.
You have a couple of options. You can ask the court to terminate the conservatorship, or you can ask the court to give you a new conservator. To terminate the conservatorship, you have to prove that you no longer need it.
LPS conservatorships MUST be started by a local government agency, usually a county's Public Guardian or Public Conservator. LPS conservatorships last for only 1 year. If they are needed longer than that, they must be restarted and the conservator must be reappointed by the court.
In California, guardianship refers only to the court appointment of an individual with the legal authority to represent and manage the affairs of a minor child. Conservatorships are for protecting incapacitated adults and typically involve matters related to health care and estate.
Establishing and funding a revocable living trust is a simple way to avoid a court-supervised conservatorship if you should become mentally incapacitated. You can nominate someone now to take care of your personal affairs later, rather than rely on a court to select someone you might not want to act on your behalf.
Some adults find it difficult to get out of a conservatorship after they recover from the issue that placed them under the guardianship of another person.Supervision through the courts usually catches these issues, but with overworked court systems, not all adults receive the care they need.
Representative payee. Durable powers of attorney. Health care surrogacy. Living wills. Trusts. Community advocacy systems. Joint checking accounts. Case management.
A conservatorship is necessary for those individuals who have neither a power of attorney or healthcare directive, and have lost the ability to make informed decisions and/or care for themselves. A conservatorship may also be necessary for other reasons, such as an invalid or fraudulent power of attorney document.
The conservator has the power to collect all the conservatee's assets, pay bills, make investments, etc. The conservator must seek court supervision for major transactions, such as purchase or sale of property, borrowing money, or gifting of assets.