What are the Alternatives to Conservatorship?
In many cases, a “safety net” of legal alternatives can be put together to adequately protect the vulnerable person in place of a conservatorship. This safety net is usually consists of:
- A durable general power of attorney that includes a specific provision permitting Medi-Cal planning if there is not adequate long-term care insurance.
- An advanced health care directive.
- A living trust.
- Establishment of a representative payee for Social Security and Supplemental Security Income.
- Ownership of property in joint tenancy. (This must be carefully evaluated for tax consequences and liability potential, and is only desirable in limited circumstances.)
- Money management assistance by a professional bookkeeper or daily money manager.
- Community programs, such as adult day-care, that can provide relief for family care-givers.