A conservatorship is a protective proceeding requesting the appointment of an individual (or entity, such as a private fiduciary) to manage the financial affairs of a minor or an incapacitated adult (known as the “protected person”). The individual who is appointed to serve is called a “conservator.” Arizona law provides three types of court orders that can be obtained to protect the property of a minor or an adult who is in need of protection. The court can:
- Issue an order in which it directly exercises its powers over the estate
- Issue an order authorizing protective arrangements and single transactions
- Issue an order appointing a conservator
For professional legal advice related to the process of appointing a conservator, or to discuss the legal duties of a conservator, contact the attorneys at Decker & Woods, P.C. The Golden Rule Law Group® today!