conservatorship


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A status, defined by the jurisdiction, in which a conservatee—usually an elderly and/or mentally incompetent person—is under the control of another—conservator—vis-à-vis fiscal or contractual affairs, but not regarding the physical person or body—as with consent to medical or surgical treatment

conservatorship

(kŏn-sĕr′vă-tor-shĭp″)
The preservation and protection of a dependent person's self and property by another individual. The term does not refer to imprisonment or confinement in a psychiatric facility. This is called guardianship in some states.
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References in periodicals archive ?
It was recently claimed that Britney wants to have her conservatorship - which has her father Jamie in co-control of her personal and professional affairs - lifted.
Guardianships, conservatorships, and transfers to minors, 2009 revision, 5th ed.
While these efforts may be necessary to help mitigate the effects of the housing crisis, they also might significantly affect the costs of the conservatorship and transition to a new structure.
Her father is now in control of her affairs and lawyers for Jamie Spears petitioned for lengthy restraining orders against the men in January, arguing they were conspiring to undermine the conservatorship.
A recent Atlanta Fed working paper looks at the events leading up to the conservatorship of the GSEs.
She said the 81-year-old Hollywood legend "can easily be deceived into transferring away property" and added that a conservatorship would protect him from "fraud or undue influence".
Under a 1992 law, if either is seen as being severely undercapitalised, it may be placed into government conservatorship.
The conservatorship was approved by a different court from the one handling a custody dispute over the singer's children with Kevin Federline.
There are ways to avoid the time and expense of a guardianship or conservatorship process while accomplishing the same basic goals.
Guardianship and Conservatorship, A Handbook for Lawyers offers a practical, hands-on guide to the sensitive issues surrounding guardianship and conservatorship.
Conservatorship usually is limited to financial decisions, as opposed to guardianship, which gives the guardian control of every aspect of the elder's personal life.
Founded in 1900, Dryades grew to have as much as $257 million in assets by the time it went into RTC conservatorship in 1991.