As Conservator, we are charged with the preservation of the Client's estate to include the securing and marshaling of all existing personal and real property, investment of residual funds, completion of an annual accounting of all income and expenses, completion of state and federal tax returns via certified agent and payment of fees and monthly expenses.
Conservatorship of the Estate
In the case of a limited Conservatorship, the Court will determine which of these aspects the Conservator should have control over:
Residential situation of the conservatee
Access to the conservatee's confidential records
Consent to marriage
Entrance into a contract
Social and personal relationships
Decisions about desications for the conservatee
The conservator may be granted all of these powers of a combination of a few of them.
A Temporary Conservatorship is important for when a petition for appointment of conservator is pending. Another reason it ma y be important is if the court finds that an urgent situation exists which will likely result in harm to the property, income, or entitlements of the disabled adult. At that point the court will appoint a temporary conservator. The length of time for a temporary conservator is set by the individual state, but is often around 90 days. This amount of time can be extended for good cause. Temporary conservatorships can also be used where the disabled adult, also termed the ward, is merely suffering from a temporary condition that renders him or her unable to manage their affairs.