
Seniors are particularly vulnerable to mismanagement and outright theft of their assets, such as savings accounts or personal belongings. To ensure you are never taken advantage of, you should create a plan for your future.
Plan ahead
Proper planning allows seniors and their adult children to take proactive measures to prevent the senior from being victimized should the need for a guardian or conservator arise. Lack of planning leaves seniors in a vulnerable position. In most cases, when an individual becomes unable to care for themselves, the court will appoint a family member to serve as guardian or conservator. However, there are situations where the senior does not have any living family members, or the family members are unaware of the need for a guardianship or conservatorship. These situations increase the risk that a senior will fall prey to a predatory guardian or conservator. Signing legal documents that explicitly state who should be appointed reduces that risk.
Keep in Contact With Family Members
If you have an elderly person in your family who lives alone, reach out to them frequently to check in. Speaking with elderly family members regularly could alert you to potentially predatory relationships in your loved one’s life.
When a vulnerable senior does not have family checking on them, it is easier for a predator to obtain control of the senior through guardianship, conservatorship, or even a power of attorney. Family members and other interested persons can petition a court to rescind a guardianship or conservatorship, but being involved in the senior’s life can prevent predatory appointments in the first place.
Hire An Attorney
To prevent predatory guardianship or conservatorship, it is best that you speak with an attorney who is experienced in elder law. An elder law attorney can help you get a plan in order to ensure that, if a guardian or conservator is ever needed to make decisions on your behalf, the court will appoint an appropriate person. Predators have a much better chance of persuading a judge to appoint them if a senior has no family and no plan in place.
If someone you love is faced with an unnecessary or predatory guardianship or conservatorship, or you would like to take steps towards protecting your future, an attorney at Gaslowitz Frankel LLC can help.
Contact our firm today for a consultation.
Gaslowitz Frankel LLC is Georgia’s premier fiduciary litigation law firm. The firm has earned a reputation for excellence across Georgia and the Southeast in providing representation to individuals, executors, trustees, investors, shareholders, and financial institutions in complex fiduciary disputes involving wills, estates, trusts, guardianships, conservatorships, businesses, and securities.