When there is concern over an individual who may have physical or mental disabilities and his or her ability to make decisions. Guardianship’s is a legal arrangement where a guardian, appointed by a court, has the legal right and duty to care for another, referred to as a ward, due to the ward’s inability to legal act on his or her own behalf due to minority or mental or physical incapacity.
A conservatorship is similar to guardianship, except that the conservator who has been appointed by the court has powers and duties over the incapacitated person’s estate. A conservator is given legal authority by a court to handle the financial affairs of an individual who is unable to manage his or her own finances, usually due to a medical condition such as a developmental disability, dementia, brain injury or stroke. Conservators have a fiduciary duty to manage the protected person’s estate.
Our Minnesota Attorneys can assist you with filing a petition with the court under Minnesota Statute 524.5 and represent you in the court hearing. Call Klun Law today if you need assistance planning for conservatorship or guardianship.