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Conservatorship

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Conservatorship A legal arrangement that gives an adult the court-ordered authority and responsibility to manage another adult's financial affairs.
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Conservatorship -Legal right given to a person to manage the property and financial affairs of a person deemed incapable of doing that for himself or herself. (See also guardianship.) ...

conservatorship: A court proceeding where a judge appoints a caretaker for an adult that is unable to care for him or herself.

letters of conservatorship The instrument by which a person (the conservator) is appointed to take care of the person or property of an adult who by reason of advanced age, illness, injury, mental weakness, intemperance, addiction to drugs, ...

It is sometimes required to place credit unions in conservatorship. On March 20, 2009, during the financial crisis of 2007-2010, ...

ESTATES AND PROTECTED INDIVIDUALS CODE -- Michigan statutes governing wills, decedent’s estates, trusts, and guardianships or conservatorships over minors or legally incapacitated persons.

in a warrant for the citee's arrest. 2) a notice to appear in court in a civil matter in which the presence of a party appears necessary, usually required by statute, such as a person whose relatives wish to place him/her under a conservatorship ...

Estate planning and administration, including tax questions;
Medicaid, disability and other long-term care issues; and
Guardianship, conservatorship and commitment matters, including fiduciary administration.

Fiduciary: A person or organization who is given authority and responsibility over assets not owned by that fiduciary, such as an executor or personal representative in an estate, a trustee for a trust, or a conservator in a conservatorship.

necessities of a person deemed incapable of providing these necessities for himself or herself. A guardian also may be given responsibility for the person's financial affairs, and thus perform additionally as a conservator. (See also conservatorship.

See also: Law, Conservator, Right, Guardian, Information

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