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As an on-point Massachusetts overview of the conservatorship role notes, an appointee has broad powers to act on behalf of a designated adult or minor, which centrally include these: Collecting, assessing and managing estate assets. Overseeing property interests. Working in tandem with a guardian (if appointed)
Generally, guardians have control over the every-day decisions and care of a minor. Conservators have similar control over an adult, but they're typically limited to financial decisions.
GUARDIANSHIP AND CONSERVATORSHIP Guardians may be appointed for protection of the person only. A conservator must be appointed to protect property and business affairs of a person in need of protection.
The pros are that a conservatorship provides the greatest flexibility in being able to manage the changing needs of the subject person, arranging long term care, housing and being able to contract with providers as needed. As for the cons, conservatorships are time-consuming and expensive.
Courts mandate a conservatorship when an individual is incapacitated in some way. A mental health conservatorship is required when someone suffers from a mental disability, such as dementia, which prevents them from making sound financial and personal decisions.
To obtain a conservatorship, an interested person must petition the Probate and Family Court. An interested person must file a Petition for Appointment and a Medical Certificate signed by a licensed professional. The Medical Certificate evaluation must have been complted within 30 days of the filing of the petition.
Rep Payees & Guardianship: What is the difference? - YouTube YouTube Start of suggested clip End of suggested clip Also has financial responsibility. So they can be the same as the rep payee. But it can be twoMoreAlso has financial responsibility. So they can be the same as the rep payee. But it can be two separate. People.
When a conservator controls a conservatee's money, the conservatee might find it difficult to take care of the necessary actions to end a conservatorship. Additionally, there are a lot of steps that must be taken to end a conservatorship, and these are often timely and detailed processes that involve the court system.