What is the difference between a guardianship and a conservatorship?
A guardianship and a conservatorship are two different types of legal arrangements where an adult individual is appointed to manage the affairs of another individual who is deemed incapable of managing those affairs for themselves. These types of legal arrangements are often used in the state of Texas to help those with disabilities or who are ill with a terminal illness. A guardianship is a legal appointment where a guardian is responsible for making decisions on behalf of someone with a disability. In Texas, a guardianship is often used when a person is unable to provide for their own care or safety, or to manage their financial affairs due to mental or physical disability. The guardian is given the power to make decisions regarding the person’s daily activities, residence, and medical care, as well as their financial affairs. A conservatorship is a similar legal appointment, but it is geared towards managing an individual’s financial affairs. In a conservatorship, the conservator is appointed to manage the finances and properties of the individual with the disability or illness. This includes managing their investments, paying their bills, monitoring their bank accounts, and managing other financial affairs. Both guardianships and conservatorships are important parts of disability planning law in the state of Texas. While both can be used to help those with a disability or illness, it is important to understand the differences between the two arrangements, as each may be more appropriate in certain cases.
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