Conservatorship

Estate Planning Attorney Serving the Denver Area

A conservator manages a person’s finances when they are unable to because of an illness, injury, or disability. When a person becomes incapacitated, it can be difficult for them to make informed decisions about their health, money, and living situation. A conservator assists with important estate planning decisions that need to be made.

When Is a Conservator Needed?

Common conditions or situations where having a conservator can be useful include:

  • Coma
  • Alzheimer’s or Dementia
  • Stroke
  • Severe Brain Injury

If a person cannot make important life decisions, a court will rule that they are incapacitated. Courts will hold a hearing to examine the facts and come to a decision. A person is usually deemed incapacitated if they cannot:

  • Comprehend their finances, healthcare, or living situation well enough to make informed decisions about such matters.
  • Clearly communicate their wishes about significant matters impacting their finances, healthcare, or living situation.

When this happens, the incapacitated induvial is then referred to as a “ward.”

What’s the Difference Between a Guardian & Conservator?

A guardian mostly makes health and non-monetary decisions for an incapacitated person, while a conservator manages both their healthcare and finances. Who is assigned to your case depends on the situation and how the ward is incapacitated. Courts can appoint both a guardian and conservator when they deem it appropriate.

Speak with Our Denver Lawyer Today

Do you have more questions about conservatorships? We can help. At The Moodie Law Firm, we assist individuals and families preparing for their long-term futures. Our team can help you understand the differences between guardians and conservators and determine which is suitable for your case. Our qualified and experienced attorney strives to provide legal counsel that is tailored to your particular needs.

Call (303) 578-3940, or contact our Denver estate planning attorney to start your consultation today.

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