Elder Law Attorneys in Virginia | Virginia Conservatorship Cases
A conservator is a person appointed to manage your financial and property affairs while you are mentally or physically incapacitated and unable to do so. In order for a conservatorship to be created, a court must first declare that you are incompetent to manage your own financial affairs. It will then appoint a conservator to manage them on your behalf. To learn more about conservatorships, consult our experienced elder law attorneys in Virginia.
There are two different types of conservatorships in Virginia:
- Full Conservator: A conservator who has full authority to make all financial decisions on your behalf, including paying your bills, managing your investments and selling your personal and real property.
- Limited Conservator: A conservator who has authority to make decisions only for specific financial matters, such as paying your bills and filing your tax returns. Your conservator will make specified decisions for you, but you will be free to make all other financial decisions for yourself.
Regardless of the type of conservatorship, your conservator will be required to post surety on a bond with the court and to submit reports to the Commissioner of Accounts documenting all income received and all funds expended. The appointment of a conservator by the court will greatly reduce your right to make even the smallest financial decisions for yourself. That is why this option should only be considered as a last resort. A conservatorship should be used only when there are no less restrictive alternatives that will protect the incapacitated person's interests. A durable power of attorney may be a better and less restrictive option. An experienced elder law attorney in Virginia can help you plan for incapacity to ensure that your rights are protected when you are incapable of caring for yourself.
Protecting the rights of seniors and individuals with disabilities is vital as we live longer and children with disabilities become adults. The experienced attorneys at Charles B. Roberts & Associates, P.C. can assist you with the preparation of wills, trusts, powers of attorney, medical directives, estate administration, guardianships and conservatorships, long-term care planning and other elder law issues. Our elder law attorneys in Virginia have the resources and experience to help you formulate an estate plan that best meets your needs. Call 703-491-7070 or 1-888-407-4529 ( toll free) today to discuss your case with experienced elder law attorneys in Virginia. We handle cases in Arlington, Fredericksburg, Woodbridge, and throughout Northern Virginia.