Can a living trust avoid a conservatorship?
Yes. Many of us have a well grounded fear that we may someday become seriously ill and unable to handle our own affairs. If you ever become incapacitated, the probate court may appoint a conservator to manage your property. Your Estate would be required to pay attorneys’ fees (a conservatorship generally requires two lawyers) and court costs — including the cost of a relatively expensive annual insurance bond. With a living trust, your successor trustee can manage your property if you’re unable to handle your affairs — all without court fees or court involvement.
