St Louis Estate Planning Attorney
Conservatorships | Estate Planning Law
Conservatorships are a formal probate process on behalf of a person who is not able to provide for his/her personal needs or is not able to manage his/her finances. In many cases, Conservatorships are used to prevent an elderly person suffering from Alzheimer, dementia or other disease from depleting his/her personal savings and assets.
Types of Conservatorships
There are two forms of Conservatorships:
- Conservatorships of the Person
Conservatorships of the Person may be appointed for a person who is unable to provide for his/her personal needs, such as food, clothing, shelter and health. - Conservatorships of the Estate
Conservatorships of the Estate may be appointed for a person who is unable to manage his/her personal finances, resist fraud or undue influence.
A Conservator can be appointed for the person, the estate or both. A "Conservatee" is presumed to not have the capacity to contract, sell real estate, incur debt and similar activities. However, this does not prevent the Conservatee from certain activities such as voting, creating a Will or giving informed consent. A lawyer experienced with Conservatorships, such as Christopher Cox, can explain which activities are protected under Conservatorships and which ones are not protected.
There are alternatives to Conservatorships if the situation does not warrant such a drastic action. A durable power of attorney or a living trust are examples of other legal measures that may be more appropriate, depending on the capacity of the individual.
Attorney Chris Cox can help you understand the options available to you, given your specific circumstances. Mr. Cox focuses a significant part of his law practice on estate planning, business law and asset protection, including Conservatorships. He can help guide you through this potentially complex area of law.
We accept credit cards for your convenience. Contact our St Louis law firm today to schedule an appointment to learn how our legal expertise can help you acheive your goals. Attorney Chris Cox is conveniently located in Chesterfield, Missouri. Call us at 314.727.0163 or contact us online.