When it becomes difficult for adults to manage things on their own, they can request the court to appoint a person who can responsibly take care of their things. The person being protected and the person responsible are bound by what is referred to as conservatorship ordered by the court. Conservatorship refers to a formal agreement by the court where the conservator takes decisions that can benefit the person being protected by the bond. The conservator could be a close friend, a professional, a spouse or a family member. Conservatorship proves out to be beneficial when one is unable to take financial decisions. A person who is not physically and mentally fit benefits immensely from conservatorship.
Conservatorship in case of health issues
A courts grants conservatorship in California in case the person is at health risk. Such people need help with basic needs, shelter and food. Conservatorship in this case can help in taking care of a person. Best medical care is offered to the person from the healthcare providers by the conservator. Conservatorship can prove out to be beneficial for monitoring the health condition of the person. Health-care and personal decisions can be taken by the conservator for the person being protected.
Estate conservatorship benefits
When a person cannot handle competently the income and the debts, then conservatorship in California can be sought to protect the finances of the person. This helps in preserving the assets of a person who is unfit to make any kind of decisions owing to an illness or some other reason. Conservatorship in California can prove out to be a way in which people who are not able to cope up with the mounting bills or losing assets can find a ray of hope. Good financial decisions can be taken by a conservator who has offered the legal authority over the estate of the person being protected.
Estate and person conservatorship benefits
Conservatorship in California is also offered to protect both the finances and the health of the person. A single person can take care of everything or the court can appoint two different conservators depending on the case. The conservator can sign documents, file taxes and manage everything else on the behalf of the person who is being protected. LPS Conservatorship in California can be ordered by the court in case the person is disabled seriously with chronic alcoholism or by a mental disorder. This is however governed by a different set of rules.
The benefits availed by opting for Conservatorship in California are many. This frees the person who is not able to take care of the property or one self. Family members who cannot be present all the time can help the person requiring special care by making them opt for conservatorship. This is going to ensure that they are being taken care of and nobody would take any sort of advantage of them. They would be protected by law once they sign a conservatorship agreement.
Get a free, no obligations, and detailed consultation from Leventhal Law Group, PC. Call 818-347-5800 today.
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