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Need to Step In and Manage Someone’s Finances?
Our conservatorship attorneys help you establish and manage a conservatorship with confidence, care, and legal clarity.
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Establishing Conservatorships

Protecting Finances for Those Who Can’t

Key Takeaway

When someone can’t manage their own financial affairs, a conservatorship may be necessary. We help families and fiduciaries take on this legal responsibility the right way—making sure everything is handled lawfully, responsibly, and with transparency.

Call Our Boulder Estate Planning Attorney

Dealing with the mental decline of someone close to you is difficult. Whether it’s due to illness or disability, the worry that they might make monetary decisions that would be detrimental to their financial well-being can be especially troublesome. At Flatiron Legal Advisors, LLC, we can provide you with an experienced estate planning attorney in Boulder County who can assist you in your petition for conservatorship of a family member or loved one.

What is a conservator?

A conservator is an individual, appointed by the courts, who is responsible for all financial affairs of another, usually an incapacitated adult. An incapacitated adult is understood to be someone who is unable to make basic decisions regarding their health, safety or care. It is the conservator’s job to protect and manage the estate of the person they are overseeing.

Conservatorships can be granted over the estates of someone who is detained or cannot return to the United States. A missing person may also have a conservator appointed. Anyone who is twenty-one or older may petition for conservatorship of an individual under Colorado law. However, if the petitioner is also providing long-term care for the protected individual, they must be a family member.

Responsibilities and Powers of Conservatorship in Colorado

A conservator will have specific fiduciary responsibilities and powers outlined in the conservatorship orders. They may also be eligible to receive reasonable compensation for expenses incurred while performing these duties.

Some responsibilities and powers of conservatorship may include:

  • Furnishing of a bond to protect the designee’s assets
  • Filing a financial plan with the court
  • Creating annual reports
  • Exercising rights available under the designee’s retirement plans, annuities and insurance policies
  • Paying taxes or assessments garnered on the estate
  • Continuing the operation of the designee’s business.
  • Managing of investments

Types of Conservatorship

There are two types of conservatorship in Colorado: limited and unlimited. State law favors appointments of limited conservatorships. Limited means the conservator is only granted powers and responsibilities in specific, court-appointed areas. If a petitioner requests unlimited conservatorship, they must prove why such a broad designation is necessary.

Get Help from Our Experienced Boulder Estate Planning Lawyer

At Flatiron Legal Advisors, LLC, we know you have your loved one’s best interests at heart. We appreciate and are sympathetic to the concerns you may have about your family member’s financial security.

If you would like information about filing a petition for conservatorship, contact us or fill out our free initial case evaluation form today!

The Team Behind Your Case

Behind every successful case is a lawyer who knows how to get results. At Flatiron Legal Advisors, our team brings sharp legal insight and a practical approach to solving problems. We focus on what moves the needle—strong advocacy, smart strategy, and a commitment to getting the best possible outcome for you.

Dave Rich
Dave Rich
Founder and Attorney

Dave Rich is the founder and managing attorney of Flatiron Legal Advisors, LLC. Mr. Rich has been practicing since 2008, in the areas of estate planning, divorce, real estate and probate law.

Michael Milazzo
Michael Milazzo
Chief Operating Officer and Attorney

Michael Milazzo is our Chief Operating Officer (COO) and an attorney at Flatiron Legal Advisors, LLC. Mr. Milazzo is a former Ranger qualified U.S. Army Paratrooper who keeps the day to day operations at Flatiron Legal Advisors, LLC running tightly and maintains the firm’s focus on providing exceptional client service.

Alexandra M. Archilla Rodriguez Bynum
Alexandra M. Archilla Rodriguez Bynum
Contract Attorney

Alexandra (“Alex”) M. Archilla Rodriguez Bynum is a Family Law and Criminal Law contract attorney at Flatiron Legal Advisors, LLC. Alex was born and raised in San Juan, Puerto Rico. She attended Washington University School of Law in St. Louis.

Bart Balis
Bart Balis
Contract Bankruptcy Attorney

Bart Balis is a contract bankruptcy attorney at Flatiron Legal Advisors, LLC. Bart has been practicing bankruptcy law for over thirty years. He represents both Debtors and Creditors, and files Chapter 7 liquidation cases, as well as Chapter 13 Plan cases for Debtors and Chapter 11 cases for business reorganizations.

Rachel Connor
Rachel Connor
Contract Family Law Attorney

Rachel Connor is a passionate contract family law attorney who zealously represents her clients throughout all stages of a case. Rachel is a skilled advocate and a compassionate representative able to skillfully navigate the emotionally charged issues that often arise within family law cases.

Andrea Corvin
Andrea Corvin
Contract Attorney

Andrea Corvin is an contract attorney at Flatiron Legal Advisors, LLC with extensive divorce and family law and criminal trial and litigation experience. Andrea attended the University of Denver, Sturm College of Law where she was awarded Excellence Awards in Advanced Trial Practice, Civil Litigation, and Estate Planning.

Hollis Ann Crawford
Hollis Ann Crawford
Contract Criminal Law and Traffic Attorney

Hollis Ann Crawford is an independent contract Criminal Law and Traffic Attorney at Flatiron Legal Advisors, LLC. Hollis was born and raised in the Denver area and graduated from the University of Colorado with a Bachelor’s Degree in philosophy.

Cheryl Dial
Cheryl Dial
Accounts Manager

Cheryl Dial is the accounts receivable and accounts payable manager at Flatiron Legal Advisors, LLC. Cheryl is a dedicated professional with a strong commitment to delivering top-tier bookkeeping services. She specializes in managing accounts receivable.

Christopher W. Fry
Christopher W. Fry
Contract Attorney

Christopher Wellington Fry is a contract attorney working on behalf of Flatiron Legal Advisors, LLC. Mr. Fry has practical experience in resolving a wide variety of family law and divorce matters, as well as child support and debt collection.

Lee Gelman
Lee Gelman
Real Estate and Litigation Contract Attorney

Lee Gelman is a Real Estate and Litigation contract attorney at Flatiron Legal Advisors, LLC. Lee has been practicing law since 1989. He has a Geology degree with concentration in Civil Engineering from the University of Vermont and received his JD from Chicago-Kent College of Law in Chicago.

Dave Rich
Michael Milazzo
Alexandra M. Archilla Rodriguez Bynum
Bart Balis
Rachel Connor
Andrea Corvin
Hollis Ann Crawford
Cheryl Dial
Christopher W. Fry
Lee Gelman
Meet the team

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