Setting Up A Guardianship And Conservatorship Correctly
It is a difficult choice deciding whether to create a guardianship for a loved one. Maintaining a guardianship requires deciding upon financial, legal and medical matters. It is therefore important to have carefully drafted documentation in place so that timely decisions are made.
The attorneys at Dale & Eke understand what Indiana courts require when setting up a guardianship or conservatorship. We regularly create comprehensive estate plans for every income level. As we understand the importance of what you are undertaking, we are able to provide in-depth guidance regarding the setting up of a guardianship. We can also guide you through the legal process and give you a realistic idea of what to anticipate.
The Importance Of Having A Guardianship And Conservatorship In Place
Guardianship means having an individual placed in charge of the financial and medical choices for someone declared legally incompetent. Because courts know how important such a role is, courts need to approve of such an arrangement and ultimately supervise the entire process. To assume the role of guardian, you must demonstrate that your loved one is unable to handle his or her own affairs. You must also demonstrate that you are capable of carrying out the guardianship duties.
Though conservators play a substantially similar role as a guardian, courts confine a conservator’s role to managing the financial decisions concerning property. But just like a guardianship, a conservator must remain under supervision of the courts. Courts will monitor any possible mismanagement taking place and require a submission of an accounting.
Our law firm provides legal services for guardians and conservators of both adults and children. We are there to answer your questions and will assist you through the entire reporting process. Should disputes arise, we can work toward resolving such matters either through negotiation or litigation.
Putting Experience On Your Side
Our estate planning lawyers at Dale & Eke have been assisting individuals in Indianapolis and throughout Indiana since 1978. To find out more or to set up an initial consultation, please contact our office by calling 317-844-7400 or send us an email.