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FAQ Frequently Asked Questions | What are the Duties of a Conservator? | A Conservator has the powers and responsibilities of a fiduciary and is held to the standard of care applicable to a trustee, that of a prudent person dealing with property of another.
Within 90 days of appointment, the Conservator must file an inventory of the estate of the protected person with the court. Annually, on the date of appointment, the conservator must file an accounting of the administration of the estate with the court.
A Conservator has power to invest funds of the estate and to distribute sums reasonably necessary for the support, care, education or benefit of the protected person, whose legally dependent on the protected person, or those members of the protected person's household who are unable to support themselves. The Conservator must pay from the estate all just claims against the estate and protected person.
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