What is the difference between guardianship and conservatorship?

Guardianship and conservatorship in Nevada are two legal concepts that involve a person or institution taking charge of financial and other matters on behalf of another person who can’t manage them on their own. The court typically appoints a responsible party to assist with matters such as providing a safe, stable home and taking care of the person’s daily needs. Guardianship is often used when an adult with limited mental capacity is no longer able to make decisions for himself or herself and needs to be taken care of by someone else. A guardian will have decision-making authority over matters such as medical, educational, and employment decisions. A conservatorship is also appointed by the court but is used when an adult is not able to manage their financial or legal affairs. The conservator will have the power to take control of the person’s assets and manage them in the best interest of the incapacitated person. In Nevada, it is possible for the court to appoint a guardian and conservator at the same time. Both guardians and conservators are appointed to protect an incapacitated person’s rights, assets, and well-being. In some cases, the same person can serve as both the guardian and the conservator.

Related FAQs

How much does it cost to become a guardian?
What legal rights does a guardian have?
What are the legal requirements for guardianship?
What is a voluntary guardianship?
What is a court-appointed guardian?
What is a permanent guardianship?
What is a temporary guardianship?
How can a guardianship be terminated?
Can a guardian be removed?
What happens if a guardian is no longer able to fulfill their duties?

Related Blog Posts

Understanding Guardianship Law: What Do Parents Need to Know? - July 31, 2023
What Is a Guardianship and When Is It Necessary? - August 7, 2023
The Process of Establishing a Guardianship - August 14, 2023
What Are the Responsibilities of a Guardian? - August 21, 2023
Guardianship Law for Elderly Parents: What You Need to Know - August 28, 2023