What are the duties of a conservator?
  • Within 56 days of being appointed, the conservator must file an Inventory. The Inventory is a listing of all assets of the minor. Assets may consist of real estate, stocks, bonds, certificates of deposit, savings and checking accounts and personal belongings and everything in which the minor has an interest.
  • It is the duty of the conservator to care for and preserve all of the assets of the minor and to represent the minor in any legal proceeding.
  • The conservator must keep careful records of all income of the minor and all disbursements of the minor’s funds. The conservator must keep the minor’s assets separate from his or her own and never “borrow” from the minor’s assets.
  • It is the duty of the conservator to file an Annual Account each year within 56 days after the anniversary date of the conservator’s appointment.

The Account must list receipts (monies in) and disbursements (monies out). Save your receipts; one must be presented to the Court for each disbursement.

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1. What are the filing fees?
2. When may a guardian or conservator be necessary for a minor?
3. What is the difference between a guardian and a conservator?
4. How are guardians and conservators appointed?
5. What are the duties of a guardian?
6. What are the duties of a conservator?
7. When may a guardianship or conservatorship be terminated?
8. Do I need an attorney?