Advertisement




What is the difference between a conservatorship of person and an estate?

By

Posted On

in

A conservatorship is a legal arrangement that allows a court-appointed person, called a conservator, to manage the affairs of another person, called a conservatee, who cannot do so on their own.

Advertisement



There are two main types of conservatorships: conservatorship of person and conservatorship of estate. A conservatorship of a person gives the conservator the authority and responsibility to take care of the personal needs and welfare of the conservatee, such as providing food, clothing, shelter, health care, and social activities.

Advertisement



conservatorships/ Image Credits: Legalscoops

A conservatorship of estate gives the conservator the authority and responsibility to handle the financial matters and assets of the conservatee, such as paying bills, collecting income, making investments, and filing taxes.

Not every conservatee needs both types of conservatorships. Some may only need help with their care or their finances, while others may need both.

Based on the evidence and circumstances presented, the court will decide what kind of conservatorship is appropriate for each case. The court will also monitor the conservatorship and require the conservator to report regularly on their actions and decisions.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News