A conservatorship can be useful in situations in which an adult is no longer able to take care of themselves or manage their own finances. In a conservatorship, the conservator is the person who becomes responsible for managing the finances and personal affairs of the...
While the duties of a guardian and a conservator can sometimes overlap, the two roles are vastly different. The complexities of this topic can vary greatly and may depend on individual circumstances. The basic understanding of the two concepts are outlined below....
A conservatorship allows the conservator to have the authority and responsibility to manage a person’s finances or make decisions on their behalf about health care—or even handle both. Conservatorships are helpful when a loved one becomes incapacitated and does not...