Alaska Sample Letter for Check Representing Balance of the Conservatorship
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FAQ
The conservator is responsible for managing the protected person's money and property and using those assets to provide their care (and for any dependent of the protected person). The conservator must apply for any benefits to which the protected person is entitled.
316. General powers and duties of guardian. (a) A guardian shall diligently and in good faith carry out the specific duties and powers assigned by the court.
The other difference is that a conservator can be paid for their duties while a representative payee who is an individual can not. Another difference is that a conservator has authority to act in any financial action regarding the ward while a payee's legal powers are limited to only SS matters..
Guardianship. A legal arrangement where the court appoints a person or institution as a guardian to make decisions for an incapacitated person, and/or a child -- decisions about housing, medical care, legal issues, financial issues and services. The individual being cared for in the guardianship is called the ?ward.?
A2: A guardian is a person or institution appointed by a judge to take care of and be legally accountable for a person who cannot take care of himself or herself. The person that the guardian is responsible for is called the ward.
