Is The Conservator Or Guardian Personally Liable For The Debts Of The Protectee Or Ward?

No, as long as the conservator indicates that he or she is acting on behalf of the protectee or ward in a representative capacity. In addition, neither the conservator nor the guardian assumes personal responsibility for the protectee`s or ward`s debts which may have been incurred by the protectee or ward prior to the court`s determinations that he or she is an incapacitated or disabled person. Of course, unauthorized use of the protectee`s estate or misappropriation of the protectee`s property by either the conservator or guardian will likely require revocation of legal authority as conservator or guardian by the court and may result in personal liability for any harm or loss suffered by the estate.

Speak to an Experienced Estate Planning Attorney Today

This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified estate planning lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local estate planning attorney to discuss your specific legal situation.

Your Next Step:

Enter your location below to get connected with a qualified Estate Planning attorney today.

Additional Estate Planning Articles