Conservatorship of the estate addresses property and financial management, distinct from guardianship of the person. Disputes involve necessity, conservator selection, accountings, and expenditures.
Court supervision continues throughout.
Alternative Names:
Conservatorship Contest|Estate Conservatorship Dispute
Why it Matters?
Ongoing accounting requirements make conservatorships supervised in a way powers of attorney are not, which is why interested parties sometimes seek conservatorship specifically to obtain the financial transparency an agent under a power refused to provide. Conservator investment obligations parallel trustee prudent investor duties, and surcharge is available for imprudent management or unauthorized expenditures.
Frequently Confused with
Related terms
Frequently asked questions
Why seek conservatorship over a power of attorney?
What duties does a conservator owe?
