Conservator
Conservatorship - what
is it?
If you suffer from an incurable disease
or are involved in a debilitating accident and are unable to manage your own affairs, state law might require someone to go
to court to have a conservator appointed by the court.
The conservator is given the authority
to make financial decisions and handle your financial affairs, under court supervision, when you lack the capacity to manage
them on your own.
The conservator has to make periodic
reports to the court and petition the court for additional authority under certain circum-stances. The court will often require
your conservator to purchase a "surety bond" which is a type of insurance policy, to protect the conservatorship estate. The
costs and expenses of a conservatorship are paid by your estate.
Are conservators paid?
Typically a conservatorship allows the conservator to be paid for his or her services. The
conservator is also entitled to attorney fees to seek legal advice. In addition, the court will require a conservator to purchase
a type of insurance policy known as a "surety bond" to protect the conservatorship estate. The costs and expenses of a conservatorship
are paid from the property of the person.
Learn the advantages and disadvantages of conservatorships.
|
Guardianship
What Is Guardianship? Adult
guardianship is a legal relationship between a court-appointed individual or program (the "guardian") and an individual who
is found by the court to be incapacitated (the "ward") due to dementia, developmental disability, stroke, brain injury, chronic
mental illness or other causes. See site for full explanation.
Standards of Guardianship [PDF 22 pages]- This is must-have
document covers NGA standards, including: Conflict of Interest; Decision Making; Personal Needs; Personal Contact and Ongoing
Responsibilities; Medical Services and Medical Treatment; and Management of the Estate and the Ward. Each standard is explained
in detail and provides guidance to guardians in the private and public sectors.
Model Code of Ethics for Guardians [PDF 20 pages] - This comprehensive
publication reviews ethical issues dealing with: relationship between the guardian and the ward; custody of the person; management
of the estate; termination and limitation of guardianship; and more.
Nature
of Guardianship FAQ - Nolo.law Center Frequently asked questions explaining guardianships of children, including the guardian's duties,
the difference between guardianship and adoption, and more.
Guardianship Forms Guardianship Forms -All forms are in a PDF file format. You will need Acrobat Reader in order to view
and download these documents for both a child or adult..
Guardianship Services, Inc. Volunteer guardians of Guardianship Services,
Inc., give compassion, care, and friendship to legally incapacitated adults in Fort Worth and Tarrant County, Texas. Guardianship Services, Inc. recruits, screens and trains volunteers to serve as court-appointed guardians for legally incapacitated adults who are unable to manage their everyday affairs and have no family members or friends who are willing, able or suitable to serve as guardians. |