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 adult. Assets may consist of real estate, stocks, bonds, certificates of deposit, savings and checking accounts, and personal belongings and everything in which the adult has an interest.
  • It is the duty of the conservator to care for and preserve all of the assets of the adult and to represent the adult in any legal proceeding.
  • The conservator must keep careful records of all income of the adult and all disbursements of the adult’s funds. The conservator must keep the adult’s assets separate from his or her own assets and never “borrow” from the adult’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. They must also give a copy of the account to the adult and the persons listed on the conservatorship petition.

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 an adult?
3. What is the difference between a guardian and a conservator?
4. How are guardians and conservators appointed?
5. Can a guardian be appointed immediately in an emergency?
6. What are the duties of a guardian?
7. What are the duties of a conservator?
8. When may a guardianship or conservatorship be terminated?
9. Are there alternatives?
10. Do I need an attorney?