Glossary
A
AdministratorA lead staff person at an assisted living community or nursing home who supervises team members and daily operations and maintains standards of care.
Adult Protective Services (APS)Social services programs provided by states that serve older adults and adults with disabilities who need help because of abuse, neglect, or exploitation. The National Adult Protective Services Association website has information about how to report suspected abuse in each state: https://www.napsanow.org/help-in-your-area.
Agent or attorney-in-factAn agent or attorney-in-fact is a person who is named in the power of attorney by the principal to act on his or her behalf. That person is a fiduciary under Texas law.
Annual AccountAn annual account is the report the guardian of the estate must prepare and file with the court each year that details all of the income received by the estate and all expenditures paid out from the estate for the year.
Assisted livingResidential care communities that offer 24-hour care and help with activities of daily living, such as bathing, dressing, and eating. Assisted living is regulated by each state. Over two-thirds of states use the term “assisted living” or something similar. We also include residential care homes, group homes, adult family homes, and board and care homes in the definition of assisted living.
B
BeneficiaryA beneficiary is a person who receives money or property from a revocable trust.
BondA bond is an insurance policy that the guardian of the estate must get and file with the court before managing an incapacitated person's estate.
C
Co-trusteeWhen a trust has more than one trustee, a co-trustee refers to each person or financial institution acting as a trustee.
Confidential relationshipA confidential relationship arises when one person places a high level of trust and confidence in another. A supporter has a confidential relationship with the person who appointed him or her. Thus, the supporter has a responsibility to live up to that trust by exercising his or her authority only for that person’s benefit and by keeping all personal information private.
Conflict of interestA conflict of interest occurs when a decision puts what is best for one person ahead of what is best for the other person. A guardian of the estate must avoid conflicts of interest by managing the incapacitated person's estate in the way that is best for the incapaciated person regardless of what might be good for the guardian or others.
A lead staff person at an assisted living community or nursing home who supervises team members and daily operations and maintains standards of care.
Social services programs provided by states that serve older adults and adults with disabilities who need help because of abuse, neglect, or exploitation. The National Adult Protective Services Association website has information about how to report suspected abuse in each state: https://www.napsanow.org/help-in-your-area.
Residential care communities that offer 24-hour care and help with activities of daily living, such as bathing, dressing, and eating. Assisted living is regulated by each state. Over two-thirds of states use the term “assisted living” or something similar. We also include residential care homes, group homes, adult family homes, and board and care homes in the definition of assisted living.