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In Utah, a guardian primarily has the court-appointed power to provide for the physical well-being of a protected person and a conservator is the court-appointed individual or entity to provide for the financial well-being of the protected person.
There are only two ways to end a conservatorship under the California probate code. A conservatorship continues until terminated by the conservatee's death or by a court order. When the conservatee dies, the conservatorship terminates as a matter of law.
If the court is satisfied that there is a basis for making the appointment, the court will enter an order appointing a conservator and issue a letter of conservatorship that will conform to the order. The letter shows the conservator's authority to make decisions about the protected person's property.
Upon the petition of any interested person, including the ward, or upon the court's own motion, and upon a proper showing that the need for a conservatorship has ended, the court may terminate the conservatorship and restore all personal and property rights to the ward.
(a) Upon the petition of any interested person, including the ward, or upon the court's own motion, and upon a proper showing that the need for a guardianship is ended, the court may terminate the guardianship and restore all personal and property rights to the ward.
A conservator shall receive, collect, and make decisions regarding the minor's property, except as otherwise provided by law or by the court. A conservator shall at all times act as a fiduciary in the minor's best interest and exercise reasonable care, diligence, and prudence.
Power of Conservators Make reasonable disbursements of annual income; Enter into and fulfill certain contracts; Compromise certain doubtful claims and debts; Engage in and defend litigation; Make certain investments on behalf of the minor or ward; and. Appoint an attorney in such matters above. (25)
A conservatorship of an adult ward ends when the ward dies, when a ward's rights are restored, or when the ward's assets no longer justify management by a conservator. In order to close a conservatorship and be relieved from liability under the bond, the conservator must file a Petition for Discharge.