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Legal guardians in Minnesota must: Be 18 years or older (legal adult) Be physically able to care for a child or dependent adult. Have considerable time to properly care for the ward. Be financially secure enough to provide the care the ward needs (including using funds provided by parents for the child's care)
(g) The appointment of a guardian by a parent does not supersede the parental rights of either parent. If both parents are dead or have been adjudged incapacitated persons, an appointment by the last parent who dies or was adjudged incapacitated has priority.
A Guardian takes care of a ward's personal affairs (medical care, nutrition, clothing shelter, residence, and safety). A Conservator manages a protected person's financial affairs (finances, property and real estate). An incapacitated person may have both a conservator and a guardian.
A guardian is appointed by the court to make the personal decisions for the person subject to guardianship. The guardian has authority to make decisions on behalf of the protected person about such things as where to live, medical decisions, training and education, etc.
A conservator is appointed to make financial decisions for the person subject to conservatorship. The conservator typically has the power to enter into contracts, pay bills, invest assets, and perform other financial functions for the protected person.