Respecting a loved one’s personal wishes and independence is critical for a healthy relationship dynamic. However, people sometimes need to take action to protect others who cannot act in their own best interests or manage their own affairs.
Concerned parties can seek guardianship in scenarios where people cannot manage their daily lives without support. They can also pursue conservatorship to help manage an individual’s financial resources and obligations.
When might a conservatorship be necessary?
When foreclosure or eviction is a concern
One of the clearest warning signs that an individual cannot manage their own resources anymore is the risk of losing their housing. Those who have failed to make mortgage or rent payments may need help managing their resources and fulfilling their recurring financial obligations. Companies shutting off utilities or warning of impending shut-offs can also be a sign that conservatorship might be necessary.
When there are signs of financial abuse
When people are vulnerable due to medical issues or cognitive decline, others might try to take advantage of them. When families discover that someone has extorted an older loved one, manipulated them into giving them gifts or committed acts of fraud against them, that misconduct can be a warning sign that a vulnerable person can no longer manage their own affairs.
When doctors diagnose major conditions
Medical challenges like Alzheimer’s disease can indicate that people are in need of support. People struggling with conditions that affect their cognition or awareness of the world might be at risk of financial hardship because of their symptoms. Family members can step up to offer support through a conservatorship.
Taking legal action to secure conservatorship can potentially help loved ones protect vulnerable people and their resources. Family members and other concerned parties can manage assets and pay bills to better ensure the comfort and well-being of a vulnerable person.
