{"id":100,"date":"2019-03-28T17:23:04","date_gmt":"2019-03-28T17:23:04","guid":{"rendered":"https:\/\/www.jacksonwhitelaw.com\/guardianships-conservatorships\/?p=100"},"modified":"2023-10-26T04:28:52","modified_gmt":"2023-10-26T04:28:52","slug":"what-is-conservator-of-estate","status":"publish","type":"post","link":"https:\/\/www.jacksonwhitelaw.com\/guardianships-conservatorships\/blog\/what-is-conservator-of-estate\/","title":{"rendered":"Conservator of an Estate in Arizona"},"content":{"rendered":"<h2>Introduction<\/h2>\n<p>When an adult becomes mentally incapacitated and can no longer manage their own affairs, a family member, friend, or public guardianship agency may need to step in and provide assistance. If the incapacitated adult (referred to as the <a href=\"https:\/\/www.azleg.gov\/ars\/14\/05101.htm\" target=\"_blank\" rel=\"noopener noreferrer\">protected person<\/a>\u00a0ward) has an estate plan with a <a href=\"https:\/\/www.azleg.gov\/ars\/14\/05501.htm\" target=\"_blank\" rel=\"noopener noreferrer\">durable power of attorney<\/a>, then the designated agent should have the necessary legal authority to take over the protected person\u2019s finances.<\/p>\n<p>Depending on the provisions in the power of attorney contract, the agent may also have the legal authority to make important healthcare decisions and determine the protected person\u2019s living situation. If the protected person didn\u2019t have a power of attorney, or if the power of attorney offers limited authority, then the caretaker will need to be formally appointed as the protected person\u2019s <a href=\"https:\/\/www.azleg.gov\/ars\/14\/01201.htm\" target=\"_blank\" rel=\"noopener noreferrer\">conservator<\/a>.<\/p>\n<h2>Conservatorship<\/h2>\n<p>Generally speaking, conservatorships are established by the courts for adults who are in a coma, suffer from advanced dementia or Alzheimer\u2019s disease, or have other serious injuries or illnesses that result in mental incapacitation. A conservatorship can also be established for a minor, but for the purpose of this discussion we\u2019ll focus on conservatorships for incapacitated adults.<\/p>\n<p>When a court appoints someone to serve as a protected person\u2019s conservator, the judge will outline the conservator\u2019s powers and authority based on the protected person\u2019s needs. Though many incapacitated adults need help with all aspects of their care and financial management, it\u2019s not uncommon to see a case where the protected person can\u2019t handle the complexity of financial decisions but has no trouble consulting with their doctors for medical treatment. In short, incapacitation isn\u2019t always complete. As such, conservatorships are designed to be customizable so that the judge can tailor each case to the protected person\u2019s unique needs.<\/p>\n<p>Depending on the situation, the court will appoint a conservator to one or both of the following capacities:<\/p>\n<ul>\n<li>Conservator of the estate \u2013 the conservator will have control over the incapacitated adult\u2019s financial matters. Common responsibilities include managing investments, buying and selling property, paying bills, and collecting income (investment income, pension, salary, social security, disability insurance, etc.).<\/li>\n<li>Conservator of the person \u2013 the conservator will have control over the incapacitated adult\u2019s healthcare and living situation. Common responsibilities include accessing the adult\u2019s medical records, consulting with doctors, deciding on healthcare treatment options, approving surgery, approving living arrangements, and monitoring care.<\/li>\n<\/ul>\n<p>Whether the conservator has power of the estate, the person, or both, the conservator has a duty of care to put the needs of the incapacitated adult first. All conservatorships are supervised by the court, and the conservator will be required to submit a regular accounting of their activities to the court. From time to time, the conservator may be required to appear in court for a first-hand report of their activities (especially if someone has filed a complaint against the conservator).<\/p>\n<p>If the conservator has control over the protected person\u2019s financial affairs, the conservator will also have a <a href=\"https:\/\/www.azleg.gov\/ars\/14\/07402.htm\" target=\"_blank\" rel=\"noopener noreferrer\">fiduciary duty<\/a>\u00a0to prudently manage the adult\u2019s finances. At a minimum, the conservator is required to exercise the same due diligence and standard of care that an average investor would use to handle their own personal finances. Conservators who fail to fulfill their fiduciary duty may be held personally liable for financial damages incurred by the estate as a result if his or her negligence. Considering that, it\u2019s no surprise that many conservators choose to hire or consult with an investment advisor to ensure the estate\u2019s assets are properly managed.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-1019 size-large\" src=\"https:\/\/www.jacksonwhitelaw.com\/guardianships-conservatorships\/files\/2023\/07\/How-to-be-appointed-as-a-conservator-in-Arizona-pdf-768x1024.jpg\" alt=\"\" width=\"768\" height=\"1024\" srcset=\"https:\/\/www.jacksonwhitelaw.com\/guardianships-conservatorships\/files\/2023\/07\/How-to-be-appointed-as-a-conservator-in-Arizona-pdf-768x1024.jpg 768w, https:\/\/www.jacksonwhitelaw.com\/guardianships-conservatorships\/files\/2023\/07\/How-to-be-appointed-as-a-conservator-in-Arizona-pdf-225x300.jpg 225w, https:\/\/www.jacksonwhitelaw.com\/guardianships-conservatorships\/files\/2023\/07\/How-to-be-appointed-as-a-conservator-in-Arizona-pdf-1152x1536.jpg 1152w, https:\/\/www.jacksonwhitelaw.com\/guardianships-conservatorships\/files\/2023\/07\/How-to-be-appointed-as-a-conservator-in-Arizona-pdf-1536x2048.jpg 1536w, https:\/\/www.jacksonwhitelaw.com\/guardianships-conservatorships\/files\/2023\/07\/How-to-be-appointed-as-a-conservator-in-Arizona-pdf-scaled.jpg 1920w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/p>\n<h2>How to Be Appointed as a Conservator<\/h2>\n<p>Becoming a court-appointed conservator can be a challenging legal process, and it\u2019s always recommended to enlist an attorney\u2019s assistance to guide you through the proceedings. Even if there are no objections to the proposed conservatorship, it\u2019s helpful to have an experienced attorney to speed things along, expedite the process, and ensure no mistakes are made that could jeopardize the conservatorship.<\/p>\n<p>Once you\u2019ve hired an attorney to represent you, here\u2019s what you can expect during the <a href=\"https:\/\/www.azleg.gov\/ars\/14\/05303.htm\" target=\"_blank\" rel=\"noopener noreferrer\">conservatorship process<\/a>:<\/p>\n<ol>\n<li>Petitioning for conservatorship \u2013 your attorney will file a petition for conservatorship with the court in the county where the protected person lives.<\/li>\n<li>Serving the notice of hearing \u2013 most states require that interested parties to the conservatorship proceedings receive at least 30 days advance notice of the hearing. After submitting the petition for conservatorship, you\u2019ll need to deliver a notice of hearing to the interested parties (i.e. family members) by mail or personal delivery, and you\u2019ll need to file proof of service with the court.<\/li>\n<li>Appointing a lawyer for the protected person \u2013 taking away an adult\u2019s freedom to make important decisions for themselves isn\u2019t a light matter. To protect the rights of the protected person, he or she has the right to an attorney. If the protected person can\u2019t afford an attorney, then the court will appoint a public attorney to represent them.<\/li>\n<li>Certification of incapacitation \u2013 you\u2019ll need to have a physician or psychologist evaluate the protected person and issue a certificate of incapacitation to verify the extent of his or her mental capabilities.<\/li>\n<li>Assigning a court visitor \u2013 in some cases, the court will assign an investigator to meet with the protected person and perform a non-biased evaluation of their mental status.<\/li>\n<li>Mediating objections (if necessary) \u2013 if an interested party objects to your appointment as the conservator, the court may require you to attempt to reach a resolution through mediation outside of the court.<\/li>\n<li>Conservatorship hearing \u2013 at the hearing, you\u2019ll have the opportunity to present evidence that the conservatorship is necessary, and that you are the best-qualified candidate to serve as the protected person\u2019s conservator. Interested parties have the right to present their case to the court, and the protected person\u2019s attorney will present his or her case as well. The judge will consider the evidence and testimony, determine who is best qualified to serve as conservator, and define the confines of the conservatorship. Though most conservatorship cases only require one hearing, the judge can schedule a follow-up hearing if further due diligence is required.<\/li>\n<li>Order and letter of conservatorship \u2013 if the court is satisfied that there\u2019s a basis for appointing the conservator, the judge will enter an order to appoint the conservator and issue a letter of conservatorship to confirm the court order. The letter demonstrates the conservator\u2019s legal authority to act on behalf of the protected person and can be presented to third parties (i.e. banks, insurance companies) to access the protected person\u2019s assets.<\/li>\n<\/ol>\n<p>Call our Guardianship and Conservatorship team at <a href=\"tel:4804674313\">(480)467-4313<\/a> to discuss your case today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction When an adult becomes mentally incapacitated and can no longer manage their own affairs, a family member, friend, or public guardianship agency may need to step in and provide assistance. If the incapacitated adult (referred to as the protected person\u00a0ward) has an estate plan with a durable power of attorney, then the designated agent [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Arizona Conservator of an Estate Defined | JacksonWhite Law<\/title>\n<meta name=\"description\" content=\"Are you interested learning how conservator of an estate is defined in Arizona? 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