Arizona Role and Responsibilities of a Conservator

State:
Arizona
Control #:
AZ-PBOA-12
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PDF
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Description

After Court Hearing-Step 4 The Role and Responsibilities of a Conservator in Arizona are varied. Generally, conservators are appointed by the courts to manage the estate of an incapacitated person, known as the “protected person.” Conservators are responsible for making sure the protected person’s assets are being managed in the best interest of the protected person and that they are being used to meet the protected person’s needs. There are two main types of conservators in Arizona: general and limited. A general conservator is responsible for all financial and personal matters related to the protected person, such as paying bills, making investments, managing real estate, and other duties. A limited conservator is appointed to manage specific areas of a protected person’s life, such as medical decisions, financial decisions, or both. In addition to managing the protected person’s assets, conservators in Arizona are also responsible for reporting their activities and providing updates to the court. Conservators must keep detailed records of their activities, including the use of funds and any decisions they make. They must also provide the court with an inventory of the protected person’s assets. As part of their role, conservators in Arizona are expected to act in the best interests of the protected person and act ethically at all times. They must also abide by all applicable laws and regulations, and adhere to the Arizona rules of professional conduct.

The Role and Responsibilities of a Conservator in Arizona are varied. Generally, conservators are appointed by the courts to manage the estate of an incapacitated person, known as the “protected person.” Conservators are responsible for making sure the protected person’s assets are being managed in the best interest of the protected person and that they are being used to meet the protected person’s needs. There are two main types of conservators in Arizona: general and limited. A general conservator is responsible for all financial and personal matters related to the protected person, such as paying bills, making investments, managing real estate, and other duties. A limited conservator is appointed to manage specific areas of a protected person’s life, such as medical decisions, financial decisions, or both. In addition to managing the protected person’s assets, conservators in Arizona are also responsible for reporting their activities and providing updates to the court. Conservators must keep detailed records of their activities, including the use of funds and any decisions they make. They must also provide the court with an inventory of the protected person’s assets. As part of their role, conservators in Arizona are expected to act in the best interests of the protected person and act ethically at all times. They must also abide by all applicable laws and regulations, and adhere to the Arizona rules of professional conduct.

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Arizona Role and Responsibilities of a Conservator