The court may establish a conservatorship for a minor if it determines that the minor owns money or property requiring management or protection that cannot otherwise be provided or has or may have business affairs that may be put at risk or prevented because of the minor’s age. A court may also grant a conservatorship for a minor if money is needed for support or education and such protection is necessary or desirable to obtain or provide that money.
A conservatorship may also be granted for any individual, including a minor, if the court determines for reasons other than age that the individual is unable to manage property because of a disability or that the individual has property that will be wasted or dissipated unless management is provided or money is needed for the support, care, education, health and welfare of the individual.
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If a family member is no longer able to manage his or her money, a conservatorship may be appropriate.
Call us at 303-996-8610 in the Greater Denver area or Colorado for a free initial consultation. You can also contact us online.
In these proceedings, a family member or another party petitions a court to put in place a guardianship or conservatorship that will define how decisions are made about the protected person’s life. Protective proceedings can be contested matters, and even when they are not, emotional challenges can complicate a case. Having experienced legal representation can make a difference in the outcome of such proceedings.
A potential conservator must establish that he or she is an appropriate conservator, which requires a criminal background check and a credit check. There are many pitfalls to establishing a conservatorship and a misstep could mean the loss of significant financial resources that may be necessary to provide for your family member’s care.
Conservatorship involves legal responsibility for the financial affairs and the estate of a protected person. A conservator is responsible for making sure a protected person’s bills are paid and for attending to matters of his or her estate. As with guardianship, a court can grant conservatorship on a temporary basis.
Our attorneys will apply over 50 years’ combined experience to make sure that all requirements for the appointment of a conservator are met.
Call us at 303-996-8610 in the Greater Denver area or Colorado for a free initial consultation. You can also contact us online.
Pearson & Paris, P.C. is here to help you solve whatever legal challenge you are facing.
Call today for an appointment or complete the brief online form. We serve all of Colorado.
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