Planning for Incapacity

Question 1

What is a conservatorship?

Answer 1

When a court appoints a conservator to manage the property of an incapacitated person

Question 2

A conservator may be appointed if the court finds:

Answer 2

1. clear and convincing evidence that person is unable to manage property and business affairs because of an impairment in the ability to receive and evaluate information or make decisions
2. preponderance of the evidence that person has property that will be wasted unless management is provided or money is needed for care, health, education, support or welfare of person