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A guardianship deals with non-financial decisions, while a conservatorship deals with financial decisions. A guardian- ship can be set up if a person's decision-making capacity is so impaired that the person is unable to provide for his/her own personal safety or necessities.
A potential guardian must pass a criminal background check and pay a fee for the background check. Notice of the petition must be served on the minor and the minor's parents. For more information on filing the petition for a minor guardianship and the contents of the petition, see Iowa Code section 232D. 301.
The document called a nomination of conservatorship allows an individual (also known as the principal or conservatee) to dictate who they want to look after them and their assets if they become incapacitated.
Can Conservators or Guardians Get Paid for Their Work? Yes. A guardian or conservator may charge a reasonable fee for work done for the protected person. If the protected person has assets, the court will usually order payment from the protected per- son.
You can be appointed a conservator by filing an application with the court. You will also have to complete a personal background check authorization form, which is on the Iowa Judicial Branch website at: .
You must file a petition for appointment of a guardian for a minor in the district court for the county where the minor is found or in the county where the minor lives.
A power of attorney and a guardianship are tools that help someone act in your stead if you become incapacitated. With a power of attorney, you choose who you want to act for you. In a guardianship proceeding, the court chooses who will act as guardian.
A conservator must have court approval to do things such as invest the funds of the pro- tected person, execute leases, make certain payments, transfer real estate, compromise or settle any claim, or apply any portion of the pro- tected person's assets to the support of any person for whom the protected person is ...