What is the difference between guardianship and conservatorship?

Guardianship and conservatorship are two legal terms that are often used interchangeably, but there is a difference between them. In North Carolina, guardianship is a legal term used to refer to the relationship between a court-appointed guardian and a minor, an incapacitated adult, or an estate. The court-appointed guardian has the authority to make decisions for the person or estate, such as medical decisions or decisions on how to handle a financial estate. On the other hand, conservatorship is a legal term to refer to the relationship between a court-appointed conservator and a minor, an incapacitated adult, or an estate. A conservator is responsible for the financial affairs of a minor, an incapacitated adult, or an estate. The conservator has the power to manage the funds of those under their care, including investments and other financial matters. In summary, the difference between guardianship and conservatorship is that guardianship is used to refer to the relationship between a court-appointed guardian and a minor, an incapacitated adult, or an estate, while conservatorship is used to refer to the relationship between a court-appointed conservator and a minor, an incapacitated adult, or an estate. The guardian is responsible for making decisions for the person or estate, while the conservator is responsible for managing the financial affairs of the minor, an incapacitated adult, or an estate.

Related FAQs

How do you select an appropriate guardian?
Can a guardian be held liable for the actions of the ward?
Who is responsible for making medical decisions when there is a guardianship in place?
What is the difference between guardianship and adoption?
Can a minor choose their own guardian?
Can a guardian be appointed without a court order?
What is a standby guardianship?
What is a guardianship for an adult?
Can a guardian be held accountable for their actions?
What legal rights does a guardian have?

What is the difference between guardianship and conservatorship?

Related FAQs

Related Blog Posts