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Reply to "The Blind Side scandal"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Guardianship attorney here (my state's version of conservatorship) - I serve as guardian of the estate (conservator of finances) for many people, via court appointments primarily, and accountings are filed with the court annually whether there's "anything to show" or not. The duty to account for finances is not only if you spend funds. In most states, fiduciaries over funds (including conservators) have an affirmative duty to diversity investments, for instance. the job isn't just to watch money rot away in an account and/or spend as necessary. It's also to treat the funds in the ward's best interest, which necessarily includes investment and accounting, regardless of whether there were expenditures. Super sketchy that they failed to prepare accountings and are resisting providing documentation of what accountings should have provided. [/quote] Your post assumes there are still assets under management in the conservatorship. If there were I agree. If there weren’t, the lack of filings is a nothingburger. [/quote] DP. No, it’s not. They were legally obligated to file. And if a conservator drained assets and there’s nothing there, even more important to file. [/quote] And if a conservator properly disbursed all the assets? Even if they did technically have an unmet obligation, it’s a nothingburger. Defunct legal entities happen every day. [/quote] tell it to the judge. ps it was not a “defunct legal entity.”[/quote]
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