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February 2013 Archives

Financial and estate planning mishaps can cost those left behind

Planning for the future is an important step that many people neglect, continuing to put it off for another day. One type of planning that should not be put off is that which pertains to estate administration. It is important to have such affairs in order now, because one cannot know when an estate plan will be needed.

Elderly woman's finances allegedly mishandled by legal guardian

When individuals in Michigan are given legal authority over someone else, most of them take that responsibility very seriously. Conservators usually handle delicate matters carefully and keep the best interests of their wards in mind as they fulfill their guardianship duties. However, examples of abuse or fraud still occasionally occur.

Proposed state law may help prevent conservator theft

As we frequently discuss on this estate planning blog, in Canton and the surrounding area, being held legally responsible for the needs of a vulnerable person cannot be taken lightly. Thankfully, most individuals who apply for guardianship or conservatorship of another adult have the best interests of that person in mind and can be trusted to ensure that the person is well taken care of. Unfortunately, a small number of legal conservators take advantage of their powerful positions to steal from individuals in conservatorship.

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