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Durable Power Of Attorney For Finances

When Might A Guardianship (Conservatorship) Be Better Than A Power of Attorney?

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There are some instances when a guardianship might be more effective than using a Durable Power Of Attorney. For example:

  • You may want the court to supervise your finances.
    • If you don't have anyone you trust enough to give authority over your finances, you will probably be better off with a guardianship (even with the extra time and cost) since the court supervises guardians.

  • You might fear family fights.

    • If you think family members might challenge your Durable Power of Attorney or make trouble with your agent/attorney-in-fact, a guardianship may be preferable.


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