The court may appoint a Conservator over an individual when they become mentally incapacitated or unable to perform activities of daily living (“ADLs”). In addition, your assets will have to go through the court system again (Probate) if you do not have a proper living trust. The costs for both of these Court proceedings are astronomical. Here is a very typical, not so expensive example of someone who hasn’t properly planned their estate to avoid both a Conservatorship and Probate. Want to avoid losing huge amounts of your estate money in probate and conservatorship fees? Sign up for a strategy.