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The search for effective alternatives to conservatorship: lessons from a daily money management diversion study
1University of Southern California, Los Angeles 90089-0191, USA.
Journal of Aging & Social Policy
|December 9, 1994
Abstract:
This article explores outcomes of daily money management (DMM) services for older persons. It is based on research that examined the ability of DMM to provide an alternative to court-appointed conservatorship that is less restrictive. Results indicate that although the DMM programs studied did not divert older persons from conservatorship, they appeared to offer several important advantages. These included helping older persons secure benefits and services, enhancing their financial security, and reducing financial exploitation.