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What is a Conservator?
If you become incapacitated due to an illness or accident, a court may appoint someone to take care of you and manage your day-to-day affairs. This person is known as a conservator.
A “conservator of the person” is someone who is given the legal right to make decisions about your day-to-day life. This can include arranging for your care, deciding where you will live, and being in charge of your health care, personal care, and food.
A “conservator of the estate” is given the legal right to handle your financial affairs and make financial decisions on your behalf. The court oversees these dealings, and the conservator does need to obtain authorization for certain transactions, such as selling your property. Also, the conservator is required to purchase a bond which acts as a sort of insurance for your assets.
Courts will usually appoint a family member to act as your conservator. However, if no family members are suitable, the judge may pick someone else to be your conservator.
A conservator will control your affairs as long as needed. If you recover enough to take care of your affairs, then the conservatorship will end. Also, if all of your assets are used up, the conservatorship of your estate will end. Otherwise, the conservatorship will end immediately upon your death.
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