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A conservatorship is a way for someone to assume legal guardianship over an adult. Families often use conservatorships to help deal with the mounting medical, financial and mental health needs of a parent. The status of a conservatorship is dependent on the capacity of the individual to make decisions on their own.
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 California court originally placed Britney Spears under conservatorship in 2008 after a series of bizarre incidents, including: Shaving her head; Attacking the paparazzi with an umbrella; Locking herself in a room with one of her children to avoid handing them over to the child's father.
Generally, guardians have control over the every-day decisions and care of a minor. Conservators have similar control over an adult, but they're typically limited to financial decisions.
A conservatorship refers to the legal process of someone taking control over your personal or financial decisions after you become unable to make them on your own. It's arranged in court and can vary in what type of responsibility the conservatee will have over the conservator.