An individual or corporate fiduciary appointed by the probate court to act for a minor or incapacitated person (the “ward”). To become a conservator, normally the party intending to be the conservator or another family member or close friend petitions the court for the appointment of a conservator. Once appointed, a conservator is empowered to make financial decisions for the ward as well as manage the ward’s assets. Typically, a parent’s last will and testament will nominate someone as conservator of their minor child in the case the parent can no longer care for their child.

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Reference: Conservator