Our Expertise
• Trust Administration
• Power of Attorney for Health / Finance
• Conservator (Person and Estate)
• Guardian (Person and Estate)
• Estate / Probate Administration
• Care and Money Management
• Receiver
Trust Administration
We serve as trustee, successor trustee, and trust protector on all types of trusts including but not limited to:
• Revocable and irrevocable living trusts and/or their related sub-trusts
• Special Needs Trusts and spend-thrift trusts
• Charitable trusts
A trust is a legal document that specifies the estate management before and after death. It helps to avoid probate expenses and maximize estate tax exemptions. Some of our duties include the following:
• Carry out the terms of the trust
• Manage investments per Prudent Investors Rules (Probate Code)
• Protect trust assets and maintain accurate records
• Arrange for fiduciary tax returns
• Make distributions in accordance with state law and terms of the trust
Power of Attorney for Health and/or Finance
We serve as Power of Attorney for Health to manage your health and medical affairs when you lose capacity to make these decisions.
We serve as Power of Attorney for Finance to manage your assets when you are no longer able.
Conservator / Guardian
We serve as court appointed Conservator or Guardian of the Person (medical and personal affairs) and/or Estate (financial affairs.)
A conservatorship/guardianship is a legal tool that provides management and protection for a person who is unable to make important decisions or manage his/her affairs due to incapacity, declining mental or physical capacity, due to individual being a minor.
• Provide assessment and planning
• Arrange for housing and coordinate appropriate care
• Manage healthcare and consent to medical treatment
• Secure income, pay bills, make investments and manage assets
• Apply for entitlement programs
• Prepare court accountings
• Coordinate preparation of tax returns
• Arrange burial needs
Estate / Probate Administration
We serve as the personal representative of a decedent's estate, whether court appointed administrator or named as the executor in the will.
Estate or Probate Administration is the administration of the estate of a decedent through court proceedings. It is the method by which the rights of all parties are determined relative to the decedent's estate. These parties would include heirs (those entitled to inherit by state law in situations where no Will exists or the Will does not cover all assets governed by the Probate Court), Will beneficiaries, creditors, and taxing authorities. The proceeding effectively passes title to assets of a decedent to those entitled to them.
• Marshal assets of the estate
• Pay debts and liabilities of the estate
• File tax returns for the estate
• Distribute the remaining assets to the persons entitled to receive them
Care and Money Management
Our highly trained, experienced Geriatric Care Managers provide the expertise and support needed during a time of crisis with extensive knowledge about the quality, costs, and availability of services in the community.
• Conduct needs assessment and care plan
• Arrange and monitor care through regular home visits
• Review financial, legal, or medical issues
• Assist in bill paying and entitlement programs
• Provide housing alternatives and relocation assistance
• Act as a liaison to families
Receiver
We serve as a receiver appointed by the court as custodian of a person or entity's property, finances, general assets, or business operations. Receivers secure assets and manage affairs to pay debts.
Your Needs
• Do you know someone who needs protection from neglect, financial abuse or isolation?
• Are you having difficulty providing care for your aging parents due to distance, lack of time or lack of experience?
• Do you or your loved one have a memory impairment or chronic illness and don’t know where to turn for help?
• Does a family member need more care than you can provide after being discharged from the hospital?
• Do you need a neutral person to mediate a family dispute over the care of a family member?
• Are you having difficulty managing bills or understanding your medical insurance coverage?
If you can relate to any of these questions, ElderWell’s team of knowledgeable geriatric care experts is here to help.
Contact us today by email or call 818-436-4684
We can assist you at the level you desire:
• Information only
• Assessment and referrals to appropriate services
• Ongoing support
• Comprehensive management
Fees
FIDUCIARY SERVICES $245.00 - $185 PER HOUR
(Trustee, Conservator, Guardian, Administrator, Executor, Receiver, POA Agent)
CARE / MONEY MANAGEMENT $245.00 - $185 PER HOUR
WORK RELATED TO LITIGATION $325 PER HOUR
BOOKKEEPING $95 PER HOUR
CLERICAL $45.00 PER HOUR
*Rates subject to change
Contact us today by email or call 818-436-4684
Many of us know a friend or loved one who is becoming more and more forgetful. We often poke fun at ourselves by calling these absent-minded moments a "senior moment." Sadly, when memory loss becomes a persistent occurrence, and begins to create problems, it is no longer a joking matter.
The warning signs of trouble may include unpaid bills, notices from bill collectors, unopened mail, overdue property taxes, utilities being shut off, and lack of personal grooming or an unkempt house. These warning signs may indicate that a conservatorship may be needed.
A conservatorship is a court proceeding that grants one (or more) person(s) the authority to make financial or health care decisions for another person because of a mental or physical incapacity that renders a person unable to make informed and sound decisions. A conservatorship can be over the person, the estate, or both.
The person who is appointed by the court to make decisions is called the conservator, and the person about whom decisions will be made is called the conservatee. Conservators are generally family members or may be a professional conservator.
Regardless of who the conservator is, their duty is to act solely in the best interests of the conservatee. To insure this, court evaluation, supervision and monitoring of the conservatorship is established. In appropriate cases, the court may appoint an attorney to represent the interests of the conservatee. A court investigator is often assigned to interview the proposed conservatee and provide the court with a written report.
A conservatorship over the person is recommended when a proposed conservatee is unable to provide for his or her own food, clothing, and shelter. If appointed, a conservator over the person will have the authority to make decisions which might include where the conservatee will live, how the conservatee will be clothed and fed, and may include the power to make medical decisions.
A conservatorship over the estate provides the conservator with authority to make financial decisions. The conservatee's property will be inventoried and appraised and reports will be provided to the court. A bond may be required to protect the assets of the conservatee.
The warning signs of trouble may include unpaid bills, notices from bill collectors, unopened mail, overdue property taxes, utilities being shut off, and lack of personal grooming or an unkempt house. These warning signs may indicate that a conservatorship may be needed.
A conservatorship is a court proceeding that grants one (or more) person(s) the authority to make financial or health care decisions for another person because of a mental or physical incapacity that renders a person unable to make informed and sound decisions. A conservatorship can be over the person, the estate, or both.
The person who is appointed by the court to make decisions is called the conservator, and the person about whom decisions will be made is called the conservatee. Conservators are generally family members or may be a professional conservator.
Regardless of who the conservator is, their duty is to act solely in the best interests of the conservatee. To insure this, court evaluation, supervision and monitoring of the conservatorship is established. In appropriate cases, the court may appoint an attorney to represent the interests of the conservatee. A court investigator is often assigned to interview the proposed conservatee and provide the court with a written report.
A conservatorship over the person is recommended when a proposed conservatee is unable to provide for his or her own food, clothing, and shelter. If appointed, a conservator over the person will have the authority to make decisions which might include where the conservatee will live, how the conservatee will be clothed and fed, and may include the power to make medical decisions.
A conservatorship over the estate provides the conservator with authority to make financial decisions. The conservatee's property will be inventoried and appraised and reports will be provided to the court. A bond may be required to protect the assets of the conservatee.