What is a Conservatorship in Michigan?
In the unfortunate event of a loved one becomes incapable of managing their finances, someone else may have to take over for them. Suppose your loved one still possesses the ability to appoint someone to manage their affairs. In that case, power of attorney as part of a detailed estate plan may be the better choice as a durable power of attorney ensures that your loved one gets to choose a person they trust, rather than having someone assigned to them. In some cases, a conservatorship is necessary due to an unexpected inability for your loved one to manage their finances.
A conservatorship can help to ensure that your loved one’s financial affairs are carried out on their behalf. In some cases, a conservatorship is needed if a loved one cannot take care of their financial affairs due to incapacity or substance addiction. In this situation, the Michigan court can appoint a conservator to manage their finances on their behalf. Casterline Law can guide you through the complicated legal process of having a conservator appointed to your loved one.
Casterline Law Offices, PLLC provides clients with personalized attention focused on each individual’s unique needs. Our legal services include Medicaid planning, estate planning, veterans benefits planning, probate, and real estate law for our Southeast Michigan community. Contact our St. Clair Shores, MI office or our satellite offices in Shelby Township or Novi, MI, to discuss your legal matters today.