When a person loses mental or physical capacity and does not have certain estate plan documents naming someone to help them, a conservatorship may be needed. The person who is appointed conservator by the court can then assist in managing the affairs of the incapacitated individual. Conservators can be a family member, friend or a professional fiduciary.
After a conservator is appointed, the conservator is required to prepare and file specific paperwork with the court. In many cases, documentation and accountings are required on a biennial basis (after the first year). Navigating the conservatorship process and becoming acquainted with all its exact requirements can be daunting, which is why seeking an attorney’s assistance can be valuable.