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Hess-Verdon & Associates

HESS-VERDON IS THE LEADING ORANGE COUNTY AND LOS ANGELES TRUST & ESTATES, PROBATE LITIGATION LAW FIRM

During these hard times, we know it’s vitally important to save time, money, peace of mind, and receive the highest of top quality counsel!

Hess-Verdon is one of the highest top-quality counsel that cares and fights for your legal needs.

Our managing partners have practiced law for over 30+ years. We have deep court experience, and after 1500+ clients throughout our tenure, you will receive in-depth knowledge in trust & estates, business, and real estate matters.
For a limited time, we are offering a free no-obligation case evaluation. Feel free to call, and our helpful staff will set you up with one of our specialized attorneys.

Our Guarantee: Courteous treatment with respect and professionalism with a commitment to delivering high quality, client-centered focus.

By Phone 1-888-318-4430

How to Be a Conservator

 HESS-VERDON IS YOUR #1 SOUTHERN CALIFORNIA TRUST & ESTATE LAW FIRM

(DEEP BENCH COURT TIME)

Want to know more about how to become a conservator? Well first, you have to recognize the Conservator has a fiduciary duty to the Conservatee. The report will cover the ward’s assets, what has been bought, sold, invested, and expenditures. In addition to financial reporting, there should be a plan detailing the medical treatment and personal care the incapacitated ward has received in the previous year. 

How to be a Conservator

Various people may want to file a petition for the conservatorship role. Here is a list:

  • A Private Professional Fiduciary
  • The spouse of the proposed Conservatee
  • A relative of the proposed Conservatee
  • An interested friend of the proposed Conservatee
  • A proposed conservatee

And each possible conservatorship person or group is responsible for preparing an annual report based on the actions taken on the ward’s (protected person’s) behalf. The report will cover the ward’s assets, what has been bought, sold, invested, and expenditures. In addition to financial reporting, there should be a plan detailing the medical treatment and personal care the incapacitated ward has received in the previous year. 

 Here is a partial list of fiduciary duties:

  1. Accounting: Complete financial records
  2. Taxes: Required to file any tax returns
  3. Trust Asset Management and Growth: Keep the estate’s assets invested. (Prudent Investor rule).
  4. Distributions to the ward (protected person):  Distributions for the care of the ward and to any third party who provides any beneficial service.

So a word of caution is that everything you need to know about being a conservator should come from an experienced estate planning attorney (conservatorship attorney) given the complexity and severe risks of harm to the protected person. 

Learn more about a Conservatorship Attorney

 

Trustee & Co-Trustee Not Getting Along

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Contesting a Trust in California

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Hess-Verdon & Associates
A PROFESSIONAL LAW CORPORATION
1-888-318-4430

stars 5 How to Become a Conservator and What to Know!

“Absolutely top notch firm for handling all your estate planning matters.”

Dean Williams

Client Since 1995

stars 5 How to Become a Conservator and What to Know!

“Definitely a firm that will “fight to the finish.”

Frances Gruben

Client Since 2010

stars 5 How to Become a Conservator and What to Know!

“I have been working with this firm since 1994; you can’t beat a firm like this, that is so ethical and competent.”

Dixie Fisher

Client Since 1994

Meet the Hess-Verdon Law Firm Serving Southern California Residents

Located in Southern California, Newport Beach.
With over 30+ years of law, 1500+ clients throughout our tenure,
you can receive in-depth legal counsel today. Contact us here!

Jillyn Hess-Verdon

Jillyn Hess-Verdon

Managing Partner

R. Kurt Ketchum

R. Kurt Ketchum

Associate Attorney

Keith Van Dyke

Keith Van Dyke

Partner

Stacy L. Olsen

stacy l. Olsen

Associate Attorney