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There are times when an individual no longer has the mental capacity to properly manage their finances and assets. Rather than leaving these parties to fend for themselves, state law allows the courts to appoint conservators to manage their finances, under certain circumstances.

Conservatorships often result from a request by the family for the court to intervene. When the family is all in agreement, they may file for an uncontested conservatorship. If your loved one is unable to make important decisions regarding their finances, you can benefit from a discussion with a Marietta uncontested conservatorship lawyer. Work with one of our attorneys to better understand this process.

What is the Role of a Conservator?

Once appointed, a conservator has control of a ward’s financial assets. The conservator steps into the shoes of the ward by managing their income and distributing it as needed. Despite the ward’s inability to work, it is not uncommon for conservators to deal with passive income from investments or other assets. The responsibility of disbursing that income and paying any tax obligations falls on the conservator.

A conservator can look after a ward’s financial interests in other ways. For example, they have the ability to enter contracts on the ward’s behalf when it is in the ward’s best interest. A conservator can even engage with a lawyer on the ward’s behalf. Their role also includes managing the ward’s portfolio and potentially investing assets in a way that benefits the ward.

Conservatorships for Minors

Conservatorship may be necessary for a minor when they receive a substantial inheritance or large injury settlement. Ask a Marietta lawyer about filing for uncontested conservatorship of a minor.

Contested vs Uncontested Conservatorships in Marietta

When it comes to conservatorships, the family members of a potential ward are often able to reach an informal agreement about the necessity of a conservator before any paperwork is ever filed with the court. These are known as uncontested conservatorships.

When family members or other interested parties object in some way, however, the conservatorship case then becomes contested. For example, some contested conservatorships involve a dispute over whether the ward requires help at all.

In other cases, the family might agree that conservatorship is necessary but disagree on the best person for the role. It is possible that multiple parties might want to serve as the conservator, which could begin a heated debate.

Contested cases require one or more hearings to resolve, and the court will ultimately decide whether a conservatorship is necessary and determine who is best to fill that role.

Talk to a Marietta Uncontested Conservatorship Attorney Today

If your family has reached common ground regarding a loved one’s need for someone to handle their financial matters, a conservatorship might be the best option. When parties see eye to eye on this issue, the process can move quickly and with little cost to you and your family.

One way to expedite the process is by working with a Marietta uncontested conservatorship lawyer. Reach out to our intake team today to learn more.

The Khaki Law Firm
Our Firm Approach

There are many Social Security disability law firms throughout Georgia. What sets The Khaki Law Firm apart from the rest? Why should you choose us? We are honored to represent those who have worked hard most of their lives, but due to a mental or physical impairment are no longer able to maintain employment and earn an income.

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    Have you had to stop working due to a physical and/or mental disability?YesNo
    Have you seen a medical professional in the past 6 months for your disability?YesNo
    Have you been advised by your medical professional that you are unable to work and need to file for disability?YesNo
    Have you made an application for social security disability and/or had a hearing in front of an Administrative Law Judge?YesNo
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    With offices in Alpharetta, Atlanta and Marietta, we provide legal assistance to people throughout Georgia and the Southeast in all matters of Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI).

    We are ready to help you, and offer multiple ways to reach us.