Conservator - sustany/dvg GitHub Wiki

A conservator is an individual who handles the financial or daily life affairs of a conservatee, or a party deemed incompetent by a court. The roles of conservator and�conservatee�follow from the legal concept of�conservatorship�which is similar to legal�guardianship.� Conservatorships are typically governed by state laws.�In some jurisdictions, terms like guardian�of the estate or�trustee�are used synonymously with conservator.�

Both individuals and organizations can act as conservators. Individual conservators are generally appointed by a court while organization conservators are typically appointed through regulatory or statutory authority. Conservators owe�fiduciary duties�to their conservatees.�Certain jurisdictions separate conservators depending on their role or extent of responsibility, such as a limited conservator, managing conservator, or possessory conservator.

For example, in�Interest of S.M.A., the�Court of Appeals of Texas�affirmed the appointment of the�Texas Department of Family and Protective Services�as a child�s permanent managing conservator and the child�s mother as the child�s possessory conservator.�