What is a conservatorship?
A conservatorship is a legal arrangement in which an adult (the conservator) is appointed by a court to take care of a minor (the conservatee) or of an adult (the protected person) who either can’t take care of themselves or can’t handle their own financial or other affairs. In Alaska, conservatorships are established through the court and can either be voluntary or court-ordered. Generally, a court will appoint a conservator when a minor (the conservatee) is under 18 years of age or if the conservatee is an adult who is unable to manage his or her own financial affairs or care for himself or herself. The conservator takes on the responsibility for the conservatee’s personal care and makes decisions about the conservatee’s social welfare, housing, medical care, and other aspects of the conservatee’s daily life. The conservator may also be responsible for managing the conservatee’s money, property, and assets. The conservator is also required to file a yearly report to the court outlining the conservatee’s current situation and the conservator’s actions and decisions taken during the year. Finally, the conservator must also give an accounting to the court of all the conservatee’s funds that the conservator has handled during the year. A conservatorship is a powerful tool that allows a court to ensure that a minor or disabled person is taken care of properly. It is important for the conservator to understand their responsibilities and act in the best interests of the conservatee.
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