What is a Conservatorship?

A conservatorship consists of two parties, the "conservator" and "conservatee." The agreement is legally binding, and the conservator is in charge of the general well-being, possible financial obligations, and other duties named. In most cases, the conservator is a family member or a close friend entrusted by the conservatee to manage their duties properly due to the latter party's inability to do so independently. 

Different Types of Conservatorships

Probate Conservatorships:  

• General Conservatorship - conservatees primarily fall under the older population but can also include younger individuals who have lost the ability to make health or financial decisions. The duties of the conservator include, but are not limited to: 
  • providing food, shelter, and clothing; 
  • make medical or financial decisions (which can consist of managing their estate); 
  • report regularly to the court on conservatee status. 

• Limited Conservatorship - adults with developmental disabilities are subject to this kind of conservatorship, which does not require the more extensive duties outlined in a general conservatorship. This allows more freedom for the conservatoratee to live as independently as possible, with their basic needs still being provided for by the conservator, who in most cases would be their guardian. 

Contact Us 

Conservatorships can be an important aspect of the estate planning process, but they are also difficult and sometimes complicated. For more information and advice, please schedule a consultation with The Law Offices of Edward C. Ip & Associates today at (626) 228-0638 or email us at [email protected]! 

**The information provided on this post does not, and is not intended to, constitute legal advice; rather, all information, content, and material on this post are for informational purposes only.**