conservatorship

(redirected from conservatorships)
Also found in: Dictionary, Financial.
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.
Mentioned in ?
References in periodicals archive ?
This website will ease the task of an online search for an attorney in the area of probate, estate administration, guardianships, conservatorships or estate planning for opposite-sex and same-sex couples.
sharply reduccd compensation, the latest reductions will result in total reductions during the conservatorships of roughly 75 percent in the pay of the top five positions at each enterprise, with none of the top 10 compensated positions at either enterprise filled with pre conservatorship incumbents.
By comparison, as of April 18, there were seven credit union failures, including conservatorships and liquidations, Keefe said, adding that the NCUA does not provide estimated losses as the FDIC does.
Nader raised a variety of questions about the manner in which Treasury Department officials established the conservatorships for Fannie Mae and Freddie Mac and the way the Federal Housing Finance Agency (FHFA) delisted the companies from the New York Stock Exchange.
Guardianships, conservatorships, and transfers to minors, 2009 revision, 5th ed.
TMZ reported: "There are actually two conservatorships - one over Britney, the person, and the other over Britney's business affairs.
Conservatorships are established when a court determines someone cannot take care of themselves or their affairs.
Acourt creates conservatorships when it determines that a person cannot care for themselves or handle their affairs.
THOUSAND OAKS -- Mary Shea, a deputy public defender in Ventura County, will lead a discussion April 10 on conservatorships at a free seminar for seniors and caregiver families, sponsored by Senior Concerns.
The bill also requires probate courts to review conservatorships, including the financial records related to the conservatorship, within six months after appointment of the conservator and annually thereafter.
As a result, President Bush in the early days of his administration acted to place insolvent S&Ls in federal conservatorships while the Congress developed legislation to address the fundamental structural, regulatory, and deposit insurance problems in the thrift industry.
Changes enacted since 1987 have made it particularly difficult for the casual observer to detect differences among the three forms of insolvency resolution: receiverships, conservatorships, and bridge banks.