CONSERVATORSHIP ADMINISTRATION

As a firm that handles many elder law and special needs matters, we excel at guardianship and conservatorship cases for incapacitated persons. For conservatorships, the process does not end at getting appointed. Conservatorships have specific responsibilities and requirements that they must abide by when managing an incapacitated person’s finances. Failure to live up to these standards can result in the Conservator being held liable for a breach of their fiduciary duty.

Specifically, our firm can assist the conservator with issues regarding…
• filling the required Inventory and accountings with the Commissioner of Accounts;
• the standard of care required for managing an incapacitated persons finances;
• investing the assets under their control in the required manner;
• interpreting the Court Order naming them the Conservator to determine what they may and may not do;
• determining the required amount of input that must be obtained from the incapacitated person; and
• terminating the Conservatorship in accordance with the law and the Court Order