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Connecticut Decree/Appointment of Co-Conservators

Connecticut Decree/Appointment of Co-Conservators

Name: Connecticut Decree/Appointment of Co-Conservators
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.63 (237 reviews)

Category:

Connecticut Probate

State:

Connecticut

Control #:

CT-0196

Format:

Instant download

Description

Conservatorship is a legal concept whereby a court appoints person(s) to manage an incapacitated person, business, or minor's financial and personal affairs. The conservator's duties include overseeing finances, establishing and monitoring the physical care of the conservatee or ward, and managing living arrangements.

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FAQ

In Connecticut, the probate courts have sole jurisdiction over the appointment of conservators. A person filing an application for conservatorship must apply to the probate court in the probate district where the respondent (the person alleged to be incapable) resides at the time the application is filed.

Conservatorship is a legal concept whereby a court appoints a person to manage an incapacitated person or minor's financial and personal affairs. The conservator's duties include overseeing finances, establishing and monitoring the physical care of the conservatee or ward, and managing living arrangements.

A conservatorship is necessary for those individuals who have neither a power of attorney or healthcare directive, and have lost the ability to make informed decisions and/or care for themselves. A conservatorship may also be necessary for other reasons, such as an invalid or fraudulent power of attorney document.

Fix the residence or specific dwelling of the young adult child. Have access to the confidential records and papers of the young adult child. Control the right of the young adult child's right to enter into contracts. Give or withhold medical consent regarding the young adult child.

A conservator, also known in Texas as a guardian of the estate, has the authority over a person's finances. The minor or protected person is known as the ward. To be appointed as a conservator, you must file a petition with the probate court. The ward or other interested person can challenge the petition.

Someone interested in the individual's welfare must file a petition in Superior Court, Probate Division, requesting appointment of a guardian or conservator.An attorney is then appointed for the individual by the court to represent the expressed wishes of the individual throughout the court proceedings.

Conservator fees range from $50 an hour to $135 an hour or more. Trustee and other professional asset manager fees for high-value estates typically run from 1 to 1.5% of the asset value annually.

Connecticut Decree/Appointment of Co-Conservators

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