Conservatorship Definition

A conservatorship is a legal arrangement wherein a court has determined an individual to be legally incompetent to oversee their own legal and financial matters. In this case, the court will appoint another individual, known as a conservator, to act in the perceived best interest of the individual declared incompetent. Although an evil and ruthless conservator is a favorite of romantic fiction and television soap operas, strict and generally sensible laws govern conservatorships and the vast majority of conservators are dedicated and reliable individuals.