Mississippi Conservators' Oath for Co-Conservators

State:
Mississippi
Control #:
MS-0187-WG
Format:
Word; 
Rich Text
Instant download

What this document covers

The Conservators' Oath for Co-Conservators is a legal document used in Mississippi. It is an oath taken by individuals appointed as co-conservators of an estate. This form confirms that the conservators will fulfill their legal responsibilities to care for a person unable to manage their own affairs and oversee the associated estate. Unlike other conservatorship forms, this oath specifically addresses the commitment of co-conservators, requiring them to work together in their duties.

Form components explained

  • Identifying information of the county and matter related to the conservatorship.
  • A declaration where conservators swear to discharge their duties faithfully.
  • Signatures of the co-conservators affirming their commitment.
  • Signature of a notary public to verify the oaths taken.

When this form is needed

This form should be used when two or more individuals are appointed as co-conservators for a person deemed unable to manage their affairs. It is necessary when initiating or formalizing the conservatorship process in Mississippi and must be filed to comply with legal requirements.

Who should use this form

  • Individuals appointed as co-conservators by a court.
  • Relatives or caretakers responsible for managing the estate of an incapacitated person.
  • Legal representatives assisting co-conservators in completing the required documentation.

Steps to complete this form

  • Begin by filling in the county and associated conservatorship number at the top of the form.
  • Clearly state the name of the person for whom you are becoming a co-conservator.
  • Each co-conservator should sign the oath, affirming their duties to manage the estate.
  • Ensure the form is dated accurately upon signing.
  • Have a notary public witness the signatures and complete their section to finalize the document.

Notarization guidance

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We protect your documents and personal data by following strict security and privacy standards.

Mistakes to watch out for

  • Failing to have the form notarized, which is essential for legal validity.
  • Leaving blank spaces for names or signatures that should be filled in.
  • Not using the correct title or name for the person under conservatorship.

Benefits of using this form online

  • Immediate access to a legally vetted document created by licensed attorneys.
  • Convenience of downloading and printing the form from home.
  • The ability to fill out the form electronically, ensuring clarity and legibility.

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FAQ

The conservator has the power to collect all the conservatee's assets, pay bills, make investments, etc. The conservator must seek court supervision for major transactions, such as purchase or sale of property, borrowing money, or gifting of assets.

A conservatorship is a court case where a judge appoints a responsible person or organization (called the conservator) to care for another adult (called the conservatee) who cannot care for himself or herself or manage his or her own finances.

Yes, a conservatorship can be contested in any state. Sometimes, the simplest way to contest a conservatorship is to object to the petition for conservatorship to stop the conservatorship in the first place, or to file a competing petition for conservatorship.

A Conservator likewise can sign documents and can approve actions within the scope of their court granted powers, or pursuant to a Court Order authorizing a particular transaction. Only a Conservator of the Estate of an incapacitated person can sign a will on behalf of the conserved person.

Conservator fees range from $50 an hour to $135 an hour or more. Trustee and other professional asset manager fees for high-value estates typically run from 1 to 1.5% of the asset value annually.

The term conservatorship account refers to a financial account in which a person or institution has been appointed by a court to manage and preserve the assets of an individual which are held in the account.

The endorsement of the check should reflect the mother's name as parent and natural guardian of the child - and should say "Jane Doe, parent and natual guardian of John Doe", and then she should endorse it again, "Jane Doe"(good idea to include the account number too) underneath where she signed is as parent.

When signing documents, the conservator should use their title after their name to show that they are the conservator. Example: Mary Jones, as conservator for Bob Jones.

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Mississippi Conservators' Oath for Co-Conservators