What is the role of a conservator?

The role of a conservator primarily involves managing the financial affairs of an incapacitated individual. This responsibility is crucial, especially when the person is unable to handle their own financial matters due to various reasons, such as mental illness, physical incapacity, or age-related issues. A conservator is legally appointed by a court to protect assets, pay bills, manage income, and make decisions about investments. This ensures that the ward’s financial interests are safeguarded and that their daily living expenses and needs are met.

It is essential to recognize that while the conservation of financial resources is vital, it does not encompass other domains such as personal or medical decision-making, social life supervision, or providing emotional support, which are different areas typically addressed by other roles or parties involved in a person’s care.