What is the difference between a guardianship and a conservatorship?
A guardianship and a conservatorship are both legal arrangements in Illinois that provide care for those who are unable to care for themselves. A guardianship is a relationship in which one person or entity (the guardian) is appointed by a court to care for and make decisions on behalf of another person, often a minor or an adult with a disability or special needs. A conservatorship is similar to a guardianship, but instead of being appointed to care for and make decisions for the individual, the conservator is appointed to manage the individual’s finances and other assets. In a guardianship, the guardian is responsible for the day-to-day care of the individual, such as providing them with shelter, food, clothing, medical, and social needs. The guardian is also responsible for making decisions on behalf of the individual, such as where they will reside or what medical treatments they may receive. In a conservatorship, the conservator is responsible for managing the individual’s financial affairs and other assets. This includes paying bills, managing investments, collecting and distributing income, and ensuring that the individual’s assets are properly managed. The conservator is also responsible for making sure that the individual’s financial affairs are properly managed and that their finances are kept in good order. In conclusion, a guardianship and a conservatorship are two separate legal arrangements in Illinois that provide for the care of those who are unable to care for themselves. A guardian is responsible for providing the day-to-day care of the individual, while a conservator is responsible for managing the individual’s finances and other assets.
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