A conservatorship is similar to a guardianship but the conservator is responsible for the conservatee’s assets. In a conservatorship the person lacks the capacity to manage the person’s finances and financial resources.

Procedurally, the appointment of a conservator is similar to that of a guardian. Often one petition is filed requesting the appointment of both a guardian and conservator for the impaired person.

Once appointed by the court, the conservator will have the responsibility to pay for the support and maintenance of the conservatee, buy and sell assets, manage ongoing businesses, receive income, pay lawful debts, prosecute and defend legal actions and provide for investments in a prudent manner.

The court may require the conservator to develop and file with the court a plan for the care of the conservatee’s estate. The conservator will file accountings with the court showing the transactions of the conservatorship.

Our office offers compassionate and skilled representation to families seeking to protect their loved one’s best interests. We have extensive experience in explaining to judges why a conservatorship is necessary and why our client would be well suited to act as the conservator. If your loved one is in need of a conservatorship, contact us to discuss the conservatorship process.