conservatorship
Sign in to saveUnder U.S. law, a conservatorship results from the appointment of a guardian or a protector by a judge to manage the personal or financial affairs of another person who is incapable of fully managing their own affairs due to age or physical or mental limitations. A person under conservatorship is a "conservatee", a term that can refer to an adult. A person under guardianship is a "ward", a term that can also refer to a minor child. Conservatorship may also apply to corporations and organizations.
~13 min read
Article
12 sectionsContents
- Terminology
- Appointment
- Role and duties
- California
- International equivalents
- South Korea
- The process of appointing a guardian through Korean courts
- Conservatorship of organizations
- See also
- References
- Further reading
- External links
Under U.S. law, a conservatorship results from the appointment of a guardian or a protector by a judge to manage the personal or financial affairs of another person who is incapable of fully managing their own affairs due to age or physical or mental limitations. A person under conservatorship is a "conservatee", a term that can refer to an adult. A person under guardianship is a "ward", a term that can also refer to a minor child. Conservatorship may also apply to corporations and organizations.
The conservator may be only of the "estate" (financial affairs) but may be also of the "person", wherein the conservator takes charge of overseeing the daily activities, such as healthcare or living arrangements of the conservatee. A conservator of the person is more typically called a legal guardian. In 2021, an estimated 1.3 million people in the U.S. were under conservatorship.
Available in 11 languages
via Wikidata sitelinks · CC0