A guardianship is a legal right given to a person to be responsible for the food, health care, housing, and other necessities of a person deemed fully or partially incapable of providing these necessities for himself or herself.
A conservatorship is a legal right given to a person to be responsible for the assets and finances of a person deemed fully or partially incapable of providing these necessities for himself or herself.
Under most circumstances where a person requires a legal guardian, the person’s incapacity will also impair his or her ability to manage financial matters. Thus, petitions for guardianship are often brought at the same time as petitions for conservatorship, and all associated proceedings are combined.
Duties and Responsibilities of a Guardian or Conservator
- Investing the Ward’s Liquid Assets
- Determining the Status of Real Estate and Tangible Personal Property
- Paying the Ward’s Bills and Filing Income Tax Returns
- Deciding Where the Ward Will Live and Arranging for the Appropriate Care
- Asking for Court Approval When Required
- Filing Annual Accountings and Plans for the Ward’s Care
- For Minor Wards, Terminating the Guardianship at the Appropriate Age
Please contact the Law Office of Clifton L. Davidson, LLC to discuss your guardianship questions or to get your case started.