We like to answer frequently asked questions on our blog, and today we will look at the difference between a conservatorship and a power of attorney. California Adult Conservatorship First, we should clear up the matter of guardianship versus conservatorship. Guardians and conservators are court-appointed representatives. In some states, a guardian would make personal decisions for a ward, and a conservator would make financial decisions. In others, a guardian makes all types of decisions for a … [Read more...] about Incapacity Planning in San Jose: Difference Between a Conservatorship and a Power of Attorney
Parents of minor children should certainly take action when it comes to estate planning. Statistics tell us that younger adults are quite remiss when it comes to the execution of estate planning documents. They may have some reasons that make sense to them, but you put your children at risk when you do not take preventative measures. Nominating a Guardian One of these preventative measures would be the nomination of a guardian. You can nominate a guardian when you are drawing up your last … [Read more...] about What Is the Nomination of a Guardian?
Elder care attorneys assist clients who are preparing for the eventualities of aging. Possible future incapacity would be one of these eventualities. Guardianship or conservatorship proceedings could enter the picture if appropriate preparations have not been made prior to incapacity. Incapacity Planning in San Jose CA California Conservatorship The terms guardianship and conservatorship are used differently in different states. In general, a guardian or conservator handles the affairs of a ward … [Read more...] about Incapacity Planning in San Jose CA: What Is a Guardianship or Conservatorship?
As San Jose CA elder care attorneys, we make a point of emphasizing the importance of incapacity planning. This is because so many people fail to plan ahead for this contingency. A lot of people fail to plan ahead for possible incapacity because they think that it is something that only happens to "the other guy." In reality, every man and woman should take the matter seriously, because incapacity strikes a very high percentage of our nation's elders. People become unable to handle their own … [Read more...] about Incapacity Planning in San Jose: Who Manages My Property if I Become Incapacitated?
Statisticians tell us that the majority of people who are under the age of 50 do not have an estate plan in place. In fact, many people over the age of 50 are unprepared, but we will reserve that subject for another day. The point that we would like to hammer home here is the fact that younger adults, particularly adults with minor children, must make preparations for the possibility of passing away. If you are married and you have young children, what would become of your children if you … [Read more...] about Have You Planned Ahead With Your Children in Mind?