In a conservatorship, the court appoints a conservator to manage and protect the personal and financial affairs of a protected person, whose individual rights are taken away. This means that conservators have some important responsibilities, which can be as limited or broad as the court sees fit to appoint. In general there will be some…
Agents or “attorneys in fact” are people who have been designated by another individual (i.e., the principal) via a financial power of attorney to manage the principal’s finances. While stepping into the role of agent for someone else is completely voluntary, when people do agree to take on this role, they accept certain legal responsibilities.…
When a loved one dies, you may find out that they have named you as the executor of his will. While this may certainly be an honor, as your loved one clearly trusted you to wrap up their final affairs. It is also an important decision to make because being an executor means that: You…
