In many instances, applying for guardianship is not sufficient to fully care for an incapacitated individual. While a guardian oversees the person’s overall well-being, a conservator may be necessary to manage the person’s financial matters.

If you have questions or need legal assistance with a Michigan conservatorship, we invite you to call today for a free initial telephone consultation. Mobile Legal Services practices in probate courts throughout Southeast Michigan. Our probate attorneys meet clients in their homes, nursing homes, or other convenient locations — for no additional cost — in the Metro Detroit area including Livingston County, Washtenaw County, Oakland County, Wayne County, and Southern Macomb County.

What is a Conservator?

In the context of Michigan probate law, a conservator has broad authority to handle any assets held on behalf of the ‘protected’ individual and to make payments from those assets for the health, benefit, and welfare of that individual. A conservator’s primary duties are to preserve the protected individual’s assets and to expend them for the support, education, care, and benefit of the individual and his or her dependents.

These powers include the power to:

• Invest or reinvest funds in accordance with the Michigan Prudent Investor Rule
• Exercise powers and duties relating to stock ownership
• Continue and participate in the operation of the protected individual’s business
• Open a bank account
• Pay ongoing expenses such as a monthly rental fee or cell phone bill
• Sell the individual’s assets, including a home or vehicle
• Acquire or lease real estate
• Make Repairs to assets
• Purchase or cancel insurance
• Pay or settle claims by or against the estate
• Employ professionals

To learn more, call us today.