Elder Law – Guardianship/Conservatorship
Bryson Law Firm has provided elder law solutions to thousands of Georgia families. Elder law involves not only legal expertise, but knowledge of long-term care needs, financial and asset management, tax planning, and an understanding of how to bring families together rather than allowing the decline of a parent or loved one to tear the family a part.
The following is a sampling of the solutions provided by the attorneys and paralegals of Bryson Law Firm:
Incapacity Planning is the preplanning available to adults having the mental capacity to make decisions involving agents, powers, and intentions. The document solutions include a Last Will and Testament, Revocable Living Trust, Irrevocable Asset Protection Trust, Durable Financial Power of Attorney, and Health Care Advance Directive. Preplanning will usually avoid guardianship and conservatorship, discussed below.
Guardianship is the formal process involving the Probate Court in which an individual is appointed to handle all healthcare decisions for an incapacitated person that did not preplan or in which the plan was inadequate for the circumstance.
Conservatorship is the formal process involving the Probate Court in which an individual is appointed to handle all of the finances and assets for an incapacitated person that did not preplan or in which the plan was inadequate
for the circumstance. In addition to the expenses of the formal process, an annual fiduciary bond is also required for the Conservator — with all expenses of the process and bond paid from the incapacitated person’s assets.
Government Benefit Planning involves repositioning or spending down assets to ultimately avail a person of Medicaid and Veterans Administration (“VA”) benefits to assist with payment of long-term care expenses. These benefits are discussed further under the Medicaid and VA Planning section.
Contact the elder care lawyers at Gwinnett County’s full service elder law firm for an evaluation of options at (404) 909-8842 or email@example.com.
Contact the elder care lawyers at Gwinnett County’s Bryson Law Firm for more information or to discuss your family’s unique needs.