Conservatorships, Probates, Trusts, Powers of Attorney

Who is responsible for establishing a Trust?

• Beneficiary

• Trustee

• Settlor/Trustor

• Executor

What is the role of an Executor in a Will?

• The individual who creates the Will

• The individual who receives proceeds from the Will

• The individual who administers the Will

• The individual who oversees the Trust

What triggers a POA (Power of Attorney) to become a POA Estate?

• A significant financial gain

• A "triggering" event such as death or incapacity of the individual

• The decision of the Conservator

• A court order

Who is appointed to represent a proposed conservatee in a Conservatorship?

• Conservator

• Court Appointed Counsel

• Probate Investigator

• Guardian of Person/Estate

What is the difference between a Conservator of Person and a Conservator of Estate?

• Conservator of Person is responsible for financial decisions, while Conservator of Estate is responsible for personal care.

• Conservator of Person is responsible for personal care, while Conservator of Estate is responsible for financial decisions.

• There is no difference; both terms are interchangeable.

• Conservator of Person is a court employee, while Conservator of Estate is an attorney.

What is the role of a Guardian in the context of Guardianships?

• To represent the minor in legal proceedings

• To assess the case for the Court

• To be responsible for a minor

• To administer the Will