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A conservatorship can ensure that a loved one's personal finances and healthcare issues are properly handled. This is done only after that person is no longer able to make good decisions about such matters. It's best to discuss that option with the potential conservatee before a conservatorship becomes necessary.
Under Maine law, the legal guardian of a minor ?has the duties and responsibilities of a parent regarding the minor's support, care, education, health, and welfare.? The child's parents remain their child's legal parents?their rights are not terminated but are mostly suspended.
The Seven Powers of Conservatorship Power to give consent for the conservatee to marry. Power to act for the conservatee's right to enter into a legal contract. Power to accept, give, or withhold medical consent for the conservatee. Power to arrange for the conservatee's residence or dwelling.
Unlike a Guardian, a Conservator only has authority over your money and finances, not your personal life. Your Conservator is required to use your money to provide for your needs. They may not use your money for their benefit, and must keep your money separate from their own.
Legal guardianship means a court grants someone other than a biological parent the right to care for a minor. Custody (most often) generally describes a parent caring for his or her own child. Guardianship does not always grant custody or definitively mean a biological parent's custody is revoked.
A guardian for an adult is a fiduciary. Except as otherwise limited by the court, a guardian for an adult shall make decisions regarding the support, care, education, health and welfare of the adult subject to guardianship to the extent necessitated by the adult's limitations.