Conservatorship

Conservatorship is often confused with a guardianship, and they may both be sought at the same time in the same legal action if appropriate. While a guardianship involves responsibility for protecting and preserving the health and welfare of an individual, the conservatorship involves protecting and managing the person’s income and assets and debts. Conservators generally must post a bond, and they provide accountings to the court for review and approval on an annual basis.