Guardianship and conservatorship are both means of caring for the affairs of either a minor or an incapacitated adult. They generally allow for another adult to step in and assist in managing decisions and lifestyle choices to better care for the individual in question, which is often beneficial or even necessary for children without a legal guardian or some adults who suffer from debilitating diseases such as Alzheimer’s.
However, when trying to obtain guardianship in Colorado it may not be clear what the differences between guardianship and conservatorship are, and which one best suits the given situation. Several key points distinguish these legal appointments, and a skilled family lawyer may be able to help guide their client towards the more prudent choice.
If you are seeking guardianship or conservatorship in Colorado, consider speaking with a seasoned family law attorney from Colorado Divorce Law Group for more information on the legal requirements for both positions. Consider scheduling a consultation today by calling the office at (720) 593-6442.
Guardianship is a legal appointment to provide care and make decisions on behalf of an individual, called a ward. Generally, a guardian is expected to fulfill the duties of a parent for a child or provide day-to-day care for an incapacitated adult. This may include matters such as living arrangements, medical decisions, and other care requirements. Guardianship may be considered as a protective measure for children in an unsafe home environment. Guardians are appointed by the court. An individual may apply or request to be named a guardian, but the final authority rests with the courts.
Guardianship is generally required when a person, whether a child or an incapacitated adult, is without proper care and representation by parents or family members. This is often seen in cases where the biological parents of a child are not present or are deemed incapable of protecting the child’s interests. Additionally, adults who suffer from a debilitating disease or a mental disability may require guardianship if they are unable to provide for their own basic care needs, or are in danger of potentially harming themselves or others due to their mental disability.
The responsibilities of a guardian in Colorado may vary, but they are most often expected to fulfill the role of a parent or primary caretaker in their ward’s life. This means that basic care such as ensuring they are fed, clothed, and healthy falls under the parameters of a legal guardian. Additionally, seeing to educational requirements for children may be expected as well as physical and emotional needs. For incapacitated adults, responsibilities may also include daily care and medical visits to manage their condition.
For other questions regarding guardianship and conservatorship in Colorado, consider speaking with an experienced family lawyer from Colorado Divorce Law Group.
Conservatorship, while similar to guardianship, does not provide the conservator legal authority over or caretaking responsibility for the protected person. Conservatorship is a primarily financial appointment, allowing the conservator to manage funds, invest, and look after the monetary assets of the protected person. A conservator functions as a financial manager, and not as a caregiver for the protected person.
A conservatorship may be required for minors who inherit more than $11,000 or other valuable assets that require the attention or management of an adult, such as investments, real estate, or a business. Generally, when the protected person comes of age at 21, the conservatorship is terminated and the protected person regains control of their financial assets. Additionally, incapacitated adults who can no longer manage their financial assets may require a conservator to make these decisions on their behalf.
A conservator is considered responsible for the protected person’s financial assets. They must responsibly manage these assets, including investments, bank accounts, and potential business endeavors. The conservator will often work closely with the guardian to ensure that the protected person’s wishes are being effectively carried out. For minors, this relationship is ended when they turn 21 years old, however, it may also be terminated if the courts decide that the protected person no longer requires a conservator. Any of the involved parties may also request an end to the conservatorship at any time, according to the Colorado Judicial Branch.
Guardianship and conservatorship are different functions that serve different needs, and as such it is not possible to prescribe one as better. Each has unique benefits that may suit the needs of different circumstances. If the individual in question requires daily care, is not of legal age to make certain decisions for themselves, or is mentally incapacitated, guardianship may provide a caretaker with the proper legal authority. However, if daily care and maintenance are not required, a conservatorship will allow a conservator to manage financial issues. However, even these two categories might not be the best solution. The Colorado Office of Public Guardianship suggests durable powers of attorney, trusts, and care management systems as potential alternatives for guardianship in Colorado.
There are various ways to obtain guardianship and conservatorship in Colorado, but there are also often challenges and pitfalls to avoid. Guardianship may be obtained through a will that appoints a guardian for a minor, but an individual can also apply for guardianship by submitting a petition to the courts. Similarly, a conservatorship can be established by a will but may require the individual to petition the courts for an appointment.
Guardianship and conservatorship may also be directly appointed by the family courts in a family law case. The Colorado courts are bound by law to always seek the best interest of the children involved in a family law case, as children are generally unable to advocate for their own needs. If during a family law case, perhaps because of discoveries made by a child counselor, the court recognizes a need for daily care or financial management that their parents or caretakers cannot provide, they may appoint a guardian or conservator.
Guardianship and conservatorship are both effective ways to protect the well-being of a minor. Guardianship can offer the daily care needs and a safe environment for a growing child, or conservatorship can help protect the child’s financial interests and protect their future. Additionally, guardianship and conservatorship may be effective tools to aid aging loved ones, or loved ones struggling with debilitating mental illnesses or diseases. These tools may be able to help relieve stress and protect the interests of those who cannot protect themselves. A skilled family law attorney from Colorado Divorce Law Group may be able to help answer any additional questions regarding guardianship and conservatorship. Call (720) 593-6442 today to schedule a consultation.