{"id":675,"date":"2016-02-01T07:59:42","date_gmt":"2016-02-01T15:59:42","guid":{"rendered":"http:\/\/www.rbillingslaw.com\/blog\/?p=675"},"modified":"2016-01-30T17:09:52","modified_gmt":"2016-01-31T01:09:52","slug":"getting-a-conservatorship-protected-their-mother","status":"publish","type":"post","link":"http:\/\/www.rbillingslaw.com\/blog\/getting-a-conservatorship-protected-their-mother\/","title":{"rendered":"Getting a Conservatorship Protected Their Mother"},"content":{"rendered":"

Their mother\u00a0was required to mail the organizer $2,500 to receive her prize.<\/p><\/blockquote>\n

\"CoupRet1\"<\/a><\/p>\n

Conservatorships are\u00a0not cure-alls or panaceas, but they do\u00a0have\u00a0a particularly important role in protecting vulnerable adults from being taken advantage of.<\/p>\n

A surprising\u00a0discovery by two sons managing their mother’s trust was reported in a recent article in the Wall Street Journal. Their 72-year-old mother with advancing dementia asked for increasing distributions of cash but was leaving\u00a0her bills unpaid.<\/p>\n

The woman explained that she had won a contest and was required to mail the organizer $2,500 to receive her prize. The son contacted the mother\u2019s advisers, Amy Merrill and Kristin Zeigler of TrueWealth Management in Atlanta, to share the discovery and address the situation.<\/p>\n

\u201cIt became clear at that point where the money had been going,\u201d says Ms. Ziegler, whose firm manages $1 billion for 400 clients. \u201cShe was being taken advantage of, and we needed to put more effective safeguards into place to protect her going forward.\u201d<\/p>\n

****<\/p>\n

By being declared conservators of their mother\u2019s estate by a probate court, the sons would be given legal responsibility for her finances and be able to manage them for her, instead of simply distributing cash to her.<\/p><\/blockquote>\n

Filing for conservatorship in court is comparatively drastic measure, and should be preceded by careful consideration of all of the options as well as consultation with a competent attorney.<\/p>\n

The entire Wall Street Journal article is found here<\/a> (subscription required) and here<\/a>.<\/p>\n

You can contact an attorney at the Law Office of Roger Billings at (916) 786-8706 or click here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Their mother\u00a0was required to mail the organizer $2,500 to receive her prize. Conservatorships are\u00a0not cure-alls or panaceas, but they do\u00a0have\u00a0a particularly important role in protecting vulnerable adults from being taken advantage of. A surprising\u00a0discovery by two sons managing their mother’s … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[67,117,95,66],"tags":[212,211,170,213,15],"_links":{"self":[{"href":"http:\/\/www.rbillingslaw.com\/blog\/wp-json\/wp\/v2\/posts\/675"}],"collection":[{"href":"http:\/\/www.rbillingslaw.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.rbillingslaw.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.rbillingslaw.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.rbillingslaw.com\/blog\/wp-json\/wp\/v2\/comments?post=675"}],"version-history":[{"count":4,"href":"http:\/\/www.rbillingslaw.com\/blog\/wp-json\/wp\/v2\/posts\/675\/revisions"}],"predecessor-version":[{"id":679,"href":"http:\/\/www.rbillingslaw.com\/blog\/wp-json\/wp\/v2\/posts\/675\/revisions\/679"}],"wp:attachment":[{"href":"http:\/\/www.rbillingslaw.com\/blog\/wp-json\/wp\/v2\/media?parent=675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.rbillingslaw.com\/blog\/wp-json\/wp\/v2\/categories?post=675"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.rbillingslaw.com\/blog\/wp-json\/wp\/v2\/tags?post=675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}