What is the difference between guardianship and conservatorship?
Guardianship and conservatorship are both legal arrangements that deal with the care of individuals or minors who are unable to make decisions for themselves. In Texas, guardianship and conservatorship are both regulated by the Texas Estates Code. The difference between guardianship and conservatorship is in the roles each plays. A guardian is responsible for the care and protection of a minor or incapacitated person, and makes decisions pertaining to their physical health and daily activities. They are typically appointed by the court, though the person they are caring for may nominate a guardian. A conservator, on the other hand, is responsible for the financial well-being of an incapacitated person or minor. This includes managing their assets and investments, filing taxes, tracking expenses, and other financial responsibilities. The court appoints a conservator, though the person they are caring for may nominate a conservator. In short, guardianship is concerned with the physical care of an individual while conservatorship is concerned with the financial care of the individual. It is possible that one person plays both roles, but the court must approve this arrangement.
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