When an aging parent, spouse or loved one starts to become confused and forgetful, many people don’t know what to do
San Rafael, CA (PRWEB) October 12, 2011
In her new estate planning newsletter, Marin estate planning attorney Julia Wald explains how a conservatorship may help protect a loved one’s physical wellbeing and assets. She specifies when a conservatorship is necessary and how it can be established. The newsletter report also addresses frequently asked questions that include: who is the ideal conservator, what are the costs, and how can a person sidestep the need for a conservator.
“When an aging parent, spouse or loved one starts to become confused and forgetful, many people don’t know what to do,” says Wald. “The way ahead is fogged in. The path is obscured. Visibility is limited.”
The Law Offices of Julia P. Wald has many years’ experience helping individuals and families establish conservatorships. The establishment of a conservatorship often starts after the adult children have been notified that the police have found their parent wandering the streets in confusion. Other cases have involved adult children who have had to step in when they visited their mother and discovered papers stored on the stove, bad food in the refrigerator and clutter everywhere.
Even though Wald and her associates have established many conservatorships, she advises clients to plan ahead to avoid the need for the court to step in after the fact. She says the first step is to find out if the relative will accept assistance voluntarily. If so, the family can just follow the plan laid out in the existing estate planning documents.
“A conservatorship is expensive and takes away rights; therefore, it should only be sought after as a last resort,” Julia cautions. “I recommend creating and funding a revocable living trust for yourself so that your family is not scrambling to get the legal documents required to take care of you should you require assistance.”
For more information on conservatorships or assistance with other estate planning needs, please contact the Law Offices of Julia P. Wald at http://www.waldlawyers.com or by calling (415) 482-7555.
About the Law Offices of Julia P. Wald
The Law Offices of Julia P. Wald specializes in San Francisco Bay Area estate planning, probate and trusts, and conservatorships. They feature accredited San Rafael attorneys who have experience in many aspects of estate planning including assisting with wills in Marin County and San Francisco Bay Area living trusts.
As a San Francisco Bay Area estate attorney, Wald is a member of the California State Bar and has been certified by the California Board of Certification as a Certified Specialist in Probate, Estate Planning, and Trust law since 1990. She has been practicing estate planning law in the San Francisco Bay Area for 25 years. The Law Offices of Julia P. Wald serves the communities of Marin County, San Francisco and the San Francisco Bay Area.