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Can the court appoint both a guardian and a conservator? Yes, if the court finds it appropriate.STEP 6: Complete the Order Fixing. The powers of a limited guardian must be specifically listed in the court order. There are guardians with different powers: full guardian, partial or limited guardian, temporary guardian. Compare with conservator. As guardian of the estate, you must keep complete, accurate records of each financial transaction affecting the estate. A guardian of the property also must obtain court approval for certain financial transactions. (5-301) Testamentary appointment of guardian for incapacitated person. As guardian of the estate, you must keep complete, accurate records of each financial transaction affecting the estate.