In papers filed in Los Angeles Superior Court on Friday last week, Catherine Falk said her 81-year-old father can be “deceived into transferring away property” and that the actor should be under her conservatorship to protect his health and assets.
Petitioning for a conservatorship is an expensive hassle that can generate unwelcome publicity. I'm surprised that someone that old and wealthy didn't have a durable power of attorney and better estate planning.