Conservatorship – Long Term

Conservatorship vs. Guardianship

Conservatorships and Guardianships are similar in nature, with the distinct difference being the focus on financials versus lifestyle.  Guardianships have a designated person making day-to-day decisions on behalf of an incapacitated person, whereas conservatorships focus on maintaining and administering ongoing financial decisions.

Long term conservatorships mean long term financial decision making.

A conservatorship offers a clear directive that one person has control of financial decisions if the ward is incapacitated for an indefinite amount of time or is not expected to regain decision making skills.  Long term conservatorships are beneficial for the elderly who cannot make financial decisions or who can no longer remember to keep up with the day-to-day and month-to-month financial transactions that need to take place to maintain their well-being.  Long term conservatorships are also helpful in cases where the ward has a disability that renders them incapable of making or carrying out properly informed financial decisions.

We offer help with the day-to-day.

A conservator is responsible for handling another person’s day-to-day finances and this responsibility comes with legal requirements.  Braggs Law Firm can help with all of the following:

• Account creation and maintenance
• Annual reporting
• Audit assistance
• Organizational advice for maintaining proper documentation of expenses

We have personal and professional experience.

We have personal and professional experience with conservatorships and will share our knowledge with you while helping set-up and maintain a conservatorship.  With years of experience, we can make the transition as easy as possible while setting you up for success long into the future.  Contact us online, call (703) 972-5640, or set up an appointment online.  We know the complexities of conservatorships and would like to use our experience to make your transition as smooth as possible.