
There are many different ways to ensure one’s financial security, especially when you are put in charge of somebody else’s asset management. Unfortunately, there are people out there with significant assets who cannot make sound decisions about their own lives. If you have a loved one in that position, you may end up in charge of a guardianship or a conservatorship. You should contact a Brockton guardianship and conservatorship lawyer to see what you can do.
The legal team at Albanese Law, LLC, can assist you in understanding your exact role in this situation and what you need to do to avoid costly mistakes. Having a Brockton guardianship and conservatorship attorney in your corner can make quite a difference. You will need someone who understands Massachusetts’s guardianship laws and has experience handling conservatorship cases similar to yours. Our firm can help you sort out your position here.
If you are put in charge of a guardianship or a conservatorship, you are going to want the right kind of legal support to help you understand the power you have in your position and what you should do next. The most important thing you can do is hire a Brockton guardianship and conservatorship lawyer. At the very least, it can be good to know that your case is in the right hands. Matthew P. Albanese has helped countless clients through complex estate planning issues.
Guardianships are legal proceedings in which the court appoints someone to manage a minor’s finances until they come of age. Many factors must be considered in a guardianship. Conservatorships are legal proceedings in which a probate court appoints someone to manage the assets of an incapacitated adult. According to recent data from the Disability & Health Data System, 14% of adults in Massachusetts have a cognitive disability.
The median household income for a family living in Brockton is about $77,000 a year as of 2023. It’s understandable for the court to appoint a guardian over someone with that level of income if they are unable to make sound decisions about their finances. You may want to consider reaching out to a local financial planning group, such as Moors & Cabot or Holmes Investment Management. It can be good to have some idea of financial planning.
If someone you know is an incapacitated adult or a minor child, it’s not uncommon for you to be appointed guardian or conservator of their estate in an effort to protect their financial decisions. Some individuals are not of sound mind to make those kinds of decisions for themselves. If you are appointed a guardian or conservator, you should consider reaching out to an estate planning lawyer for help in determining your exact role and what you can do.
At Albanese Law, LLC, we can prepare you for a guardianship or a conservatorship. We can assist in explaining your role, protect your interests if necessary, and ensure you don’t make any mistakes that could affect the beneficiary trust. Contact us to speak to someone who can help.
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“Matthew Albanese was exceptionally kind, thorough and timely. He thought of things i/we had not considered and gave viable options and alternatives. Matthew offered solid reasons for the advice he gave and explained it in a way my mother and I understood. He walked us through the process step by step. I found everyone at the law firm very friendly and easy to deal with. If you are ever in the need of an attorney that handles elder law call Matthew. He was absolutely wonderful!” – Gina Connolly
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“Matt went above and beyond the call to help our family secure an irrevocable trust for my parents in their latter years. From initial creation to final implementation, he was credible, patient, trustworthy and very responsive to our needs and questions throughout. I would recommend his services and expertise in elder care law to anyone.” – Paul Vaccaro