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A conservatorship can ensure that a loved one's personal finances and healthcare issues are properly handled. This is done only after that person is no longer able to make good decisions about such matters. It's best to discuss that option with the potential conservatee before a conservatorship becomes necessary.
When conservatorship is granted. Conservatorship is granted by a court when an adult cannot make their own decisions and is incapacitated, at least to some extent. Situations in which this might occur include: A sudden illness that results in legal incapacity, such as a coma.
Often a Probate Conservatorship lasts for the lifetime of the adult. LPS: A temporary LPS Conservatorship is effective for approximately 30 days from the date of appoint- ment unless extended by court action. In no instance can a temporary conservatorship be extended beyond 6 months.
Conservatorship is a legal status in which a court appoints a person to manage the financial and personal affairs of a minor or incapacitated person. A conservator may also serve as a guardian who is responsible for establishing and monitoring the physical care of the individual and managing their living arrangements.
CONS: Loss of autonomy: A conservatorship involves the loss of autonomy for the conservatee, who may be subjected to decisions that they would not have made if they were capable of making decisions for themselves.