d. There are many different ways a family can aid their beloved relatives through the difficult times. There are two options: conservatorship and a power-of-attorney. This video will show you the differences between these two options as well as which is ideal for your particular situation.
Each of these choices basically place someone in control of a person’s private decisions such as life insurance, medical insurance, as well as other financial decisions. How the person is selected will decide which of these options you choose. The power of attorney permits an individual to determine who is going to be responsible for their mental healthbefore it starts to get even worse. The power of attorney allows an individual to pick the person who can assist them.
For a conservatorship the court has to decide who has the authority. The conservatorship can be granted after the person loses their capacity to reason. Persons who are regarded as the guardian will be responsible for overseeing financial matters.
There are other differences in these alternatives that this video explains. Call different conservatorship attorneys today to learn what the best choice for your family’s situation is.