Accounting Conservator Form
What makes the accounting form sample legally binding?
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Quick guide on how to complete accounting conservator
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People also ask
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What is a conservator in finance?
A conservator is a court-appointed role. The conservator is responsible for managing the financial and personal affairs of a person who is incapacitated, or a minor. Conservators are subject to scrutiny by the court. For example, they often must document their management of the conservatee's finances.
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What are the responsibilities of a conservatorship?
The conservator has a duty to provide for the care, including: Shelter/housing. Health care. Education. Transportation. Personal care. Food. Clothing.
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Is conservator the same as executor?
A conservator manages a persons financial affairs while they are living an executor (or administrator) is responsible for financial affairs after a person passes away.
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Is a conservator the same as a fiduciary?
A conservator is a type of fiduciary (just like a power of attorney, trustee or executor/administrator), which means that every decision the conservator makes on behalf of the conservatee must be in the conservatee's best interest. As an example, a conservator must never use a conservatee's assets for personal gain.
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