Michigan Sample Letter for Complaint for the Appointment of Co-Conservators
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How to fill out Sample Letter For Complaint For The Appointment Of Co-Conservators?
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FAQ
Any person who is interested in the individual's welfare may complete a Petition for Appointment of Conservator (form PC 639) and file it, along with the filing fee, with the probate court.
A conservator is responsible for the collection, preservation, and investment of the individual's property and must use the property for the support, care, and benefit of the individual and his or her dependents.
Generally it can be said that the guardian makes decisions about the person, such as medical or housing decisions, and the conservator makes decisions about the property or the finances of the person.
Conservators are entitled to reasonable compensation from the estate, if not otherwise compensated for services rendered.
?The court may appoint a conservator in relation to the estate and affairs of an individual who is mentally competent, but due to age or physical infirmity is unable to manage his or her property and affairs effectively and who, recognizing this disability, requests a conservator's appointment.? MCL 700.5401(4).
(a) Collect, hold, or retain estate property, including land in another state, until the conservator determines that disposition of the property should be made. Property may be retained even though it includes property in which the conservator is personally interested. (b) Receive an addition to the estate.
The statute also authorizes a conservator to sell or otherwise dispose of an interest in real estate, but only with court approval after a hearing with notice to interested persons. MCL 700.5423(3). A conservator is a fiduciary and must observe the standard of care applicable to a trustee.
