A Minnesota woman succeeded in getting her capacity restored after two years under the guardianship of conservator Wells Fargo, during which time she claims the company excessively used-up over $600,000 of her assets and succeeded in getting a reverse mortgage on her home. The guardianship was originally ordered due to the woman's poor mental state; however, the woman claims that after she recovered and was able to care for herself, the court refused to restore her capacity, all the while charging her estate with attorney fees and high costs for home health that she did not need. The professional conservator was more inclined to resign after the woman ran out of money.
This may be another example of a recent trend showing that a system designed the helpless can harm them if not properly monitored.
For a detailed article on this woman's shocking ordeal, see James Eli Shiffer, 2 years: $672,808 gone, Star Tribune, Feb. 15, 2009.
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